Former Ukrenergo head Kudrytskyi remanded in custody, bail set at UAH 13.7 million
The Pecherskyi District Court of Kyiv has imposed a preventive measure on former Ukrenergo head Volodymyr Kudrytskyi in the form of detention with the possibility of bail in the amount of 13.7 million hryvnias.
This was reported by Censor.NET.
Judge Kostiantynova denied motions from several MPs who sought to act as sureties for Kudrytskyi.
He was remanded in custody for 60 days.
Kudrytskyi's case
As a reminder, on the morning of October 21, officers of the State Bureau of Investigation (SBI) searched the home of former Ukrenergo head Volodymyr Kudrytskyi.
According to media reports, investigators are examining possible overstatements of logging volumes and contractor costs during the construction of power transmission lines.
On October 28, the SBI detained former Ukrenergo CEO Volodymyr Kudrytskyi on suspicion of fraudulently embezzling funds from the state enterprise NEC Ukrenergo.
The case concerns the alleged embezzlement of state company funds during tenders for the reconstruction of power system facilities back in 2018. Businessman Ihor Hrynkevych, who is currently in pre-trial detention, has already been notified of suspicion in the same case.
What does the investigation say?
According to the SBI, Hrynkevych organized a fraudulent scheme to embezzle funds from NEC Ukrenergo during tenders for the reconstruction of external fencing at substations in the Southern and Western power systems.
At that time, Kudrytskyi held the position of deputy director for investments at Ukrenergo and allegedly conspired with representatives of a private company that participated in the procurement.
"As a result of the tenders, two contracts were signed between the parties for a total amount exceeding UAH 68 million. The state enterprise then transferred more than UAH 13.7 million in advance payments to the contractor, which the perpetrators misappropriated without any intention of fulfilling their contractual obligations," the statement said.
