A detectives of the Economic Security Bureau of Ukraine together with the Security Service of Ukraine, exposed large-scale embezzlement schemes of UAH 40 billion by the former management of the country's two largest oil companies - Ukrnafta and Ukrtatnafta.

According to one of the episodes of criminal activity, suspicion has already been announced against the ex-director of JSC Ukrtatnafta, and a preventive measure has been chosen in the form of a bail of almost UAH 200 million.

As part of the investigation, a number of searches were conducted. Including, by the place of residence of the actual owners of the enterprises and the top management of the financial and industrial group that controlled the mentioned enterprises.

In general 10 episodes of criminal activity are documented as part of criminal proceedings. In particular, this is the transfer of large batches of oil products to affiliated companies, tax evasion by them, the creation of bad debts of oil refineries, which led to the depreciation and reduction of the value of their assets.

A detectives of the ESBU carry out pre-trial investigations of frauds at oil enterprises under the procedural guidance of the Prosecutor General's Office.

It will be recalled that in November 2022, the transfer of Ukrnafta and Ukrtatnafta to state ownership was ensured in working order.

This was done as a result of the Supreme Commander-in-Chief's Staff meeting, after which the National Commission for Securities and the Stock Market made a decision on the forced alienation of shares issued by "Ukrnafta" and "Ukrtatnafta" into state ownership.

Note: in accordance with Art. 62 of the Constitution of Ukraine, a person is considered innocent of committing a crime and cannot be subjected to criminal punishment until his guilt is proven in a legal manner and established by a court verdict.