Police detain senior agricultural boss on airport check-in amid ongoing probe

Police detain senior agricultural boss on airport check-in amid ongoing probe

Ukrinform
The National Police have detained the head of the State Food and Grain Corporation of Ukraine who attempted to flee the country in the wake of an ongoing investigation into major embezzlement in the company.

That’s according to the National Police press service, Ukrinform reports.

Law enforcement officers detained the official at Zhuliany Airport on the morning of August 13

"In this way, he tried to avoid responsibility. His accomplice was also detained," the statement reads.

Detectives with the Main Investigation Department of the National Police have already pressed charges against the head of the corporation and the owner of several businesses under Part 5 Article 191 (appropriation, misappropriation of property, including by abuse of office) of the Criminal Code of Ukraine.

The investigation is underway.

Read also: NACP finds inaccurate data in 99% of officials' declarations

Petitions are being prepared for the court to choose precautionary measures for both suspects.

As reported by Ukrinform, the investigators believe officials with the State Food and Grain Corporation squandered state property and committed other abuses, inflicting on the company losses of more than $57 million.

During the inquiry, the police exposed details of the criminal scheme. With loans obtained under government guarantees, officials of the state corporation would purchase grain through fictitious enterprises and export goods at a price much lower than market prices.

Currently, law enforcers are aware that during January-May 2021, foreign economic contracts for grain exports with foreign companies worth more than $231 million were concluded.

"As of the end of July 2021, the receivables of such businesses to the state-owned company amount to more than $57 million," police said.

im


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2021 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-