Suspect detained in Ukrtatnafta embezzlement case worth over ₴5.8 billion. PHOTOS
The director of one of the affiliated companies has been detained in Kyiv. He and his accomplices had previously been charged with organizing a large-scale embezzlement scheme involving a petroleum refining concern, but the man had been hiding from investigators and was on the international wanted list.
Between 2017 and 2022, the suspect, together with representatives of other affiliated structures, participated in purchasing and reselling petroleum products from Ukrtatnafta worth over 5.8 billion hryvnias, Censor.NET reports, citing the National Police.
The offense carries a sentence of up to 12 years in prison with confiscation of property.
Companies under the suspects’ control received fuel but did not pay for it, while profits from subsequent sales were transferred to their personal accounts and misappropriated. To make the scheme appear as legitimate business operations, company officials signed additional contracts postponing payments indefinitely, in some cases, up to two years after martial law ends.
The suspect was detained by investigators from the Main Investigation Department together with officers of the National Police’s Strategic Investigations Department.
The suspect is charged with large-scale embezzlement committed as part of an organized group.
