Wednesday, February 26, 11:37 a.m.

SCM Holding, owned by oligarch Rinat Akhmetov, deems it necessary to implement reforms in the country, introduce effective mechanisms for state administration, significantly extend powers of local authorities, and increase the transparency and accountability of the government to civil society.

This was announced in a statement from SCM.

“We believe that Ukraine has enormous potential. Like all Ukrainians, we strive to build a new country, where democracy and the supremacy of law to ensure the protection of property, free competition, and social security, will be established.”

SCM declares that it is ready for the introduction of a new, coordinated system, and to work within it. “Using all means available, we will promote the achievement of set goals for the prosperity of Ukraine,” the statement says.

SCM notes that the events of the last three months have become the most tragic page in the history of Ukraine, and together with the whole country it is mourning the fallen, expressing its deep condolences to their family and friends.

The SCM Group includes mining and metallurgical holding Metinvest and energy holding DTEK, which are the largest in Ukraine; PUMB and Renaissance Capital banks, Vega Telecommunications Group, the media group Ukraine, and publishing holding Today Multimedia, among others.

Previously, Akhmetov had called to stop the bloodshed and to carry on negotiations, without, however, taking drastic action. According to the telemonitoring, the television channel Ukraine gave the events one-sided coverage. Explains Natalya Ligachova, Chief Editor of Telekritika [Television review], information coverage was “wavy”. Particularly egregious was the blackout of the actual events of November 30, when a peaceful protest at Maidan was dispersed.

Source: Ukrainska Pravda

Translated by Katherina Smirnova, edited by Robin Rohrback

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