The ESBU and the U.S. Department of State Office of Inspector General Agree to Cooperate in Preventing Fraud and Corruption

The Economic Security Bureau of Ukraine and the U.S. Department of State Office of Inspector General (State OIG) will cooperate in preventing fraud, corruption, and other misconduct related to the use of U.S. foreign assistance provided to Ukraine. These arrangements are formalized in a Memorandum of Understanding signed by ESBU Director Oleksandr Tsyvinskyi in Kyiv and Acting Inspector General of the U.S. Department of State Arne B. Baker in Washington, D.C.

The document defines the key areas of cooperation between the parties. In particular, it provides for regular information sharing, consultations, joint activities and training, as well as the development of professional cooperation to strengthen the protection of international assistance from fraud, corruption, and other misconduct.

The signing of the memorandum will help strengthen cooperation between the ESBU and the U.S. Department of State Office of Inspector General (State OIG), improve the effectiveness of information sharing, and promote the implementation of best practices in combating economic crimes.