Former officials are suspected of embezzling hundreds of millions of hryvnias.
The Prosecutor General's Office (PGO) of Ukraine says that new raids on Ukraine's largest state-run gas producer, PJSC Ukrgazvydobuvannia, have been conducted as part of criminal proceedings opened in May 2017 under Part 5 of Article 191 (misappropriation, embezzlement or possession of property by abuse of office).
The Solomensky District Court of Kyiv on Wednesday, November 1, ruled to release on personal recognizance Oleksandr Avakov, the suspect in an embezzlement case, who is the son of Ukraine’s minister of internal affairs.
Former head of the State Agency for Investment and National Projects Vladyslav Kaskiv, who held office during Viktor Yanukovych’s presidency, refused to go for a deal with the investigation, according to Prosecutor General of Ukraine Yuriy Lutsenko, 112 Ukraine TV channel reported from Lutsenko’s Kyiv briefing.
Kyiv's Pechersky District Court has arrested assets in accounts of Trafigura Ukraine LLC, a subsidiary of world's major energy trader Trafigura, in the State Treasury and Alfa-Bank as part of a pre-trial investigation of the Prosecutor General's Office into theft of budget funds by state-owned Ukrspyrt in the process of natural gas purchases, that’s according to a court ruling of September 19, 2017, published in the Unified State Register of Judicial Decisions.