An anti-corruption reform requiring senior Ukrainian officials to declare their wealth online has exposed a vast difference between the fortunes of politicians and those they represent.
Some declared millions of dollars in cash. Others said they owned fleets of luxury cars, expensive Swiss watches, diamond jewelry and large tracts of land – revelations that could further hit public confidence in the authorities in Ukraine, where the average salary is just over $200 per month.
Officials had until Sunday to upload details of their assets and income in 2015 to a publicly searchable database, part of an International Monetary Fund-backed drive to boost transparency and modernize Ukraine’s recession-hit economy.
Ukrainians in Shock as ‘Revolutionary’ Political Elite’s Riches Revealed
As Ukrainians suffer under an economic crisis, public officials have been forced to disclose their personal fortunes online as part of anti-corruption efforts.