Ivchenko to answer for spending UAH 3.2 million

11:05, 01 March 2007
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Ex-chief of Naftohaz paid himself bonuses 8 times a months

The Office of the Prosecutor General (OPG) has instituted legal proceeding against former Chairman of Naftohaz Ukrayiny Oleksiy Ivchenko upon exceeding bonus fund for the company’s managers, according to Ukrayinska Pravda.

This according to Deputy Prosecutor Tetyana Kornyakova when delivering a speech at the enlarged session of the OPG board in charge of observing law in gas and oil field.

“The company’s managers have been spending public funds for paying bonuses to Naftohaz chairman and his deputies up to 8 times a month.”

From November 2005 till March 2006 former Naftohaz Chairman and his 4 deputies received over UAH 700 thousand in bonuses.

“Following such actions the bonus fund has increased by UAH 3.2 million for the first half year of 2006. This provided the OPG grounds to file lawsuit against the former Naftohaz chief,” notified Mrs. Kornyakova.

Earlier the OPG instituted legal proceedings against Mr. Ivchenko for power abuse causing grave consequences.

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