Foreign banks and companies are involved in crime schemes, investigated by the National Anti-Corruption Bureau of Ukraine, and more than one third of the damage done to the State from these crimes, relates to them.
Currently the NABU Detectives established commercial organizations at least from 10 countries involved in deriving more than 2.27 billion USD, 428 million USD, 4.3 million EUR and 825 thousand GBP from Ukraine.
The investigation revealed that foreign business entities are involved in corrupt schemes of number of Ukrainian State Enterprises (SE) - PJSC Ukrgazdobyvannia, State Enterprise Plant Electrotyazhmash, PJSC State Food and Grain Corporation of Ukraine, SE Ukrainian Sea Ports Authority, OJSC Odessa Port Plant etc.
Mostly the citizens of Ukraine become final beneficiaries of foreign companies involved in corruption schemes.
With assistance of SEs top-management foreign companies buy products at prices below market value as an intermediary or on the contrary supply equipment or raw materials for the needs of the SEs at higher prices.
The funds, received from such activities, are transferred abroad and used to create new corruption schemes in Ukraine and for private needs of their organizers (real estate, paying for children's education, health care, etc.).
According to the data obtained by the NABU Detectives most of the intermediary companies are located in the UK and Cyprus.
Low level of taxes, simplified financial reporting and high confidentiality guarantees available in the abovementioned countries attract Ukrainian criminals.
Banking is usually conducted through financial institutions located in Latvia and Austria due to the fact that local banks processes transactions quickly and have strict standards for compliance with CIP regulations.
The NABU cooperates with foreign law enforcement agencies. The geography of the NABU requests relates to almost all continents. In general, in the period from the beginning of investigations (December 4, 2015) to mid-April 2017 the NABU directed 161 requests for international legal assistance to the competent authorities of 41 states. Most requests were directed to Latvia (35), Great Britain (13), Austria (10) Switzerland (10), Cyprus (10).
As of March 31, 2017, the NABU Detectives investigate 319 criminal proceedings. In terms of these cases the damage caused to the State exceeds 85 billion UAH.
On April 16, 2017, the National Anti-Corruption Bureau marked its second anniversary. Two years ago, on April 16, 2015, the President of Ukraine signed two decrees: a decree on the Establishment of the National Anti-Corruption Bureau of Ukraine and a decree on Appointment of Artem Sytnyk the Director of the Bureau. This set up a starting point for new law enforcement agency.
On December 4, 2015, after appointment of the Head of the Specialized Anti-Corruption Prosecutor's Office, the NABU Detectives entered the first criminal proceedings into the Unified Register of Pre-Trial Investigations.
The process of the Bureau’s development continues. Currently the NABU has 560 employees. All the employees of the National Anti-Corruption Bureau of Ukraine, except Deputy Directors, were selected through open competition. The maximum number of personnel is 700 people.