NABU hopes to complete “Midas” case investigation by end of summer

Ukrainian law allows investigators to conduct the investigation in the so-called Midas case for up to one year – until November 2026 – but the National Anti-Corruption Bureau of Ukraine (NABU) hopes to finish it by the end of the summer.

This was stated by Oleksandr Abakumov, head of a NABU detective unit, during a meeting of the Verkhovna Rada Committee on Anti-Corruption Policy, which was discussing further examination of the circumstances surrounding Operation Midas and the activities of anti-corruption agencies, an Ukrinform correspondent reports.

“Starting in November, the law gives us a maximum period of one year to conduct this investigation. That means we are required to complete it by November of this year. We are trying to do this as quickly as possible. I am confident we will not drag it out until November, but we will definitely need time at least until the end of the summer,” Abakumov said.

He added that it is impossible to name an exact completion date because, as he put it, “it’s like walking in the dark: when you look for evidence, you find one piece, and it leads to another, and then another, and another.”

As reported earlier, on November 10, NABU announced a special operation to expose corruption in the energy sector. According to investigators, members of a criminal organization built an extensive scheme to exert influence over strategic state-owned enterprises, including Energoatom.

The main activity of the criminal group allegedly involved the systematic extraction of illegal benefits from contractors of Energoatom. The size of these kickbacks reportedly ranged from 10% to 15% of the contract value.