SBU detects embezzlement of hundreds millions UAH by Kyivavtodor officials
SBU officials jointly with the Prosecutor’s General office detected officials of the “Kyivavtodor” communal corporation in embezzlement of hundreds millions UAH.
The law-enforcers established that officials embezzled funds of state and city budget, appropriated for building, exploitation, maintenance and operating repair of capital roads, reconstruction of traffic points, repair of passways and curtilages.
The special service investigators documented that Kyivavtodor heads in collusion with businessmen during bidding process bought materials at a high rate. After the money was transferred to sham businesses, converted into cash and embezzled by the deal organizers.
Only during 2016 the offenders transferred to the accounts of sham businesses and embezzled almost 300 million UAH.
In due course of searches in Kyivavtodor offices, in enterprises, in sham businesses and in residences of the offenders the SBU officials seized the documentation, confirming illegal business transactions, scratch notes, computer equipment for producing of sham financing and operating documents, stamps of commercial entities, involved into deals and almost 4 million of undocumented UAH.
The criminal proceeding under Article 191 of the Criminal code of Ukraine was initiated.
The urgent investigations are under way.
For the Attention of the SBU Head