NABU Detectives completed pre-trial investigation as of the former executives of the PJSC United Mining and Chemical Company
On January 15, 2018, the prosecutors of the Specialized Anti-Corruption Prosecutor's Office (SAPO) opened access to pre-trial investigation materials as of the Former Acting Chairman of the Board of the Public Joint-Stock Company United Mining and Chemical Company (PJSC UMCC) and the Head of Sales and Marketing of PJSC UMCC to the defense. The abovementioned officials are suspected of committing crimes under Part 3 Article 27, Part 2 Article 28, Part 2 Article 364 of the Criminal Code of Ukraine (abuse of office).
The investigation revealed that during the period of 01.12.2017-31.07.2016 the abovementioned officials organized a criminal scheme of purchase of ilmenite, routine, zirconium and salmonite concentrates extracted at the PJSC UMCC at low prices. According to the scheme, the products were realized to the intermediary companies, registered in Austria and Latvia and related to the UMCC officials, at low prices. Then the abovementioned companies were reselling it to international companies at market prices. As a result, the SE UMCC suffered losses of more than 12.87 million USD.
It should be reminded that the NABU started the investigation process in January 2016. In January 2017 the Acting Chairman of the Board of the PJSC UMCC and the former deputy Director SE UMCC were given notices of suspicion for allegedly committing crimes.
More information: https://nabu.gov.ua/node/2207
According to Article 62 of the Constitution of Ukraine a person is considered not-guilty in commission of crime and cannot be a subject to criminal punishment, until he or she is found guilty by the court.
According to Article 62 of the Constitution of Ukraine, a person is considered not-guilty in the commission of a crime and cannot be subject to criminal punishment until he or she is found guilty by court.