Meet Maxim Nefyodov: How Ukrainian Geeks Tackled Corruption in Public Procurement

One day in September 2013, when Maxim Nefyodov, a managing partner at the investment firm Icon Private Equity, was leaving his office on Rylskiy Lane, he witnessed a funny scene. Accompanied by eight bodyguards, President Viktor Yanukovych’s odious ally, Yuriy Ivanyushchenko, was walking from an office building to his luxury SUV.To Nefyodov this spectacle looked amusing. “Why would anyone live like this to be so afraid?” he thought.A chance encounter with Yanukovych’s close ally made Nefyodov think again about Ukraine’s macroeconomic indicators, which had especially worried the firm’s partners in the past year.Just six months prior to this encounter, Icon …read more

Source: Atlantic Council

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