The former Chairman of the Board of PJSC “State Food and Grain Corporation of Ukraine” (hereinafter referred to as the SFGCU) was detained in Vilnius (Lithuania). Since March 2017, he has been sought as a suspect in criminal proceeding as of the fact of causing of over 60 million USD damage to the SFGCU.
The actions of the suspect are qualified under Part 3 Article 28, Part 2 Article 364 (“Abuse of power or official position”), Part 3 Article 28, Part 4 Article 368 (“Accepting an offer, promise or receiving an improper advantage by an official”) of the Criminal Code of Ukraine.
The NABU Detectives found that a representative of the international Grain Trader and the SFGCU officials organized a corrupt scheme. According to it, the PJSC grain was sold by the set of private companies-intermediaries and then was delivered to Saudi Arabia. The supply was made on post-payment terms, which did not meet the established market rules. As a result, the PJSC “State Food and Grain Corporation” did not receive greater part of the funds for the purchased grain and consequently SE lost more than 60 million USD.
The NABU started this investigation in July 2016.
Two persons signed plea bargain agreements and compensated 60 thousand USD of losses caused to the State. The indictments as of two more persons — Advisor of the Chairman of the Board of the PJSC “SFGCU” and representative of the international Grain Trader were sent to court. One more person was put on wanted list.
Related publications: https://bit.ly/2qaJ8NMAccording 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.