On Dec. 29, 2021, the National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor's Office (SAPO) issued an indictment against a former Chairman of the Board of Ukragroleasing NJSC and his accomplice, the head of a private company. The actions of the suspects fall under Part 2 Art. 364 of the Criminal Code of Ukraine.
As established, in February 2013, the said Ukragroleasing executive conspired with an entrepreneur to sign an agreement obliging the state enterprise to illegally provide an interest-free repayable UAH 5.7 million loan to a private company. Of this amount, UAH 4.9 million was never returned to the state enterprise and instead spent in favor of legal entities controlled by close relatives of the ex-Ukragroleasing head.
On June 15, 2021, the ex-official and his accomplice were notified of suspicion.
On Aug. 6, 2021, the case materials were disclosed to the defense for review.
According to Article 62 of the Constitution of Ukraine, a person is considered non-guilty in the commission of a crime and cannot be subject to criminal punishment until he or she is found guilty by court.