The manager of an electricity provider and three functionaries are suspected of appropriating UAH 68 million. The resources were extracted via a made-up role as a consultant with a seven-figure salary.
The chief of an energy supply enterprise in northern Ukraine and three of its executives face accusations of considerable economic malfeasance. They are thought to have pilfered approximately UAH 68 million. According to the inquiry, the funds were siphoned off through a bogus advisory role. This was communicated by the Prosecutor General’s Bureau, UNN conveys.
Details
Prosecutors from the Prosecutor General’s Office conveyed misgivings to the effective proprietor of an energy distribution firm situated in Ukraine’s northern region and three of its managers concerning the misappropriation of UAH 68 million (Part 5, Article 191 of Ukraine’s Criminal Code). The monies, which might have been deployed to reinforce the energy infrastructure of the Sumy district, were allocated to compensate a “sham consultant”
– the declaration reads
As per the investigation, the firm’s principals devised a plan to circumvent paying dividends to the government and to extract the firm’s capital. One of the individuals, who was penalized by the National Security and Defense Council in 2025, designated themselves as a counselor to the company’s chairperson.
The stipulations were as follows: a monthly payment of 1 million UAH, a remote working setup, and an actual workload of approximately 4 hours each week.
Their remuneration surpassed the ceiling established by the National Commission for State Energy and Public Utilities Regulation of Ukraine by a factor of 5–7. During the span from 2020 to 2024, the entity sustained detriments nearing UAH 68 million, a fact corroborated by expert assessments. The determination of implementing preventative safeguards against the accused is currently in progress.
– the announcement specifies.
We will remind you
Two staff members of a Kyiv city healthcare center are under suspicion of illicitly appropriating in excess of UAH 1.6 million in state funds. They recorded fraudulent information concerning the mobile palliative treatment administered.