The Security Service of Ukraine and the ESBU exposed a scheme of embezzlement of 153 million hryvnias during the construction of a bridge in Kyiv
The Security Service of Ukraine, together with the Bureau of Economic Security, exposed the embezzlement scheme of 153 million hryvnias allocated for the construction of the Podilsky Bridge in Kyiv. Both current and former officials are involved in illegal activities. About this informs SBU press office.
The Security Service of Ukraine, together with the Bureau of Economic Security, documented new episodes of embezzlement of funds from the budget of the city of Kyiv. According to the materials of the proceedings, the participants in the case appropriated at least 153 million hryvnias, which were allocated for the construction of the Podilsky Bridge across the Dnipro.
The investigation established that the current and former managers of one of the communal enterprises subordinated to the Kyiv City State Administration were involved in the organization of the criminal scheme. According to the investigation, even before the start of the full-scale war, the cost of construction materials was artificially inflated, and the price difference between the market and actual prices was appropriated by the organizers of the equipment.
In particular, during 2018-2019, they overpaid almost six times for wholesale batches of nets used to strengthen the bridge supports. The scheme was implemented through a contract with a related construction company in Kyiv. The contractors subsequently purchased 8,800 process nets from a controlled company registered in the Middle East.
According to the investigation, the average market value of one such net was about $110, while the actual contract price was $610 per unit. During the searches, law enforcement officers seized computer equipment, mobile phones and documentation containing evidence of a criminal offense.
Currently, the current and former managers of the utility company, as well as the former director of the subcontracting company, have been notified of the suspicion. 2 Art. 27 and h. 5th century 191 of the Criminal Code of Ukraine (complicity in misappropriation or acquisition of property by abuse of official position, committed by an organized group in particularly large sizes).
Investigative actions continue with the aim of identifying all persons involved in embezzlement of funds from the Kyiv budget. The suspects face up to 12 years in prison with confiscation of property. The investigation is being conducted under the procedural guidance of the Prosecutor General’s Office.
