Head of private firm suspected of embezzling 47 million hryvnias from Kyiv city budget. PHOTOS
Kyiv police have announced that they suspect the CEO of a private company of embezzling more than 47 million hryvnias from the capital's budget during the supply of electricity.
This was reported by Censor.NET with reference to the Kyiv police.
At the end of 2022, a private company and the municipal enterprise Kyivpastrans signed a contract for the supply of electricity worth over 838 million hryvnias. Under the terms of the agreement, the supplier was required to ensure price transparency and inform the consumer of any market tariff changes.
According to the report, electricity was supplied to the municipal enterprise throughout 2023, during which tariffs fluctuated constantly, a fact known to the contractor.
However, the official documentation concealed information about the actual rates, and for nearly the entire year, Kyivpastrans consumed electricity at inflated prices, the Kyiv police said.
As a result, more than 47 million hryvnias in public funds were unjustifiably transferred to the company’s
