Ukraine’s security services seized the world’s attention this week by faking the murder of a Russian opposition journalist, Arkady Babchenko, as part of a purported sting operation. At the same time, another plot unfolded in the corridors of government: Oleksandr Danyliuk, Ukraine’s well-regarded finance minister, is being forced to resign, The Economist has learned.
Mr Danyliuk, an independent-minded reformer backed by the International Monetary Fund (IMF), has been under pressure from the country’s leadership before, as he pushed through fiscal reforms. Despite resistance, he has had successes: for instance, he helped secure an order in the London High Court to freeze $2.5bn worth of assets belonging to Ihor Kolomoysky, one of Ukraine’s most notorious oligarchs. But Mr Danyliuk had to act by stealth, and while working on the nationalisation of PrivatBank, brought to insolvency by Mr Kolomoysky, he had to move his family to a secret location for safety.
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