The former chairman of the Board of ‘’Kryvorizhgaz’’ JSC was chosen a custody as a measure of restraint with an alternative bail amount of over UAH 160 million.

In the framework of the criminal proceedings detectives of the Economic Security Bureau of Ukraine obtained evidence of gas theft from the Ukrainian gas transportation system (GTS). The confirmed amount of damage to the state is over UAH 202 million.

Currently the former chairman of the board of the joint-stock company is suspected of committing criminal offenses under Part 2 of Art. 27, Part 5 of Art. 191, Part 2 of Art. 27, Part 3 of Art. 209 of the Criminal Code of Ukraine (misappropriation, embezzlement or seizure of property by abuse of office in a particularly large scale and legalization of the proceeds of crime).

As a reminder, the ESBU exposed an organized group of individuals who committed large-scale embezzlement of fuel from the gas transportation system. The scheme involved the heads of certain regional gas companies of the ‘’Regional Gas Company’’ (RGC) which are controlled by sanctioned oligarch Dmytro Firtash. The suspects caused over UAH 4.2 billion in losses to the state in 2021.

The pre-trial investigation is ongoing. Operational support is provided by the Security Service of Ukraine, procedural guidance is provided by prosecutors of the Prosecutor General's Office.

Note: In accordance with Article 62 of the Constitution of Ukraine a person is presumed innocent of committing a crime and shall not be subjected to criminal punishment until his or her guilt is proved in accordance with the law and established by a court verdict of guilty.