Case on embezzlement of over 102 mln hryvnias in purchase of reactive armor for tanks sent to court
A prosecutor of the Specialized Anti-Corruption Prosecutor's Office (SAPO), based on materials from the pre-trial investigation by the National Anti-Corruption Bureau of Ukraine (NABU), has sent an indictment to court in a case concerning the embezzlement of more than 102 million hryvnias in the procurement of reactive armor for the Armed Forces of Ukraine's armored vehicles.
A prosecutor's office has filed an indictment in a case involving the embezzlement of over 102 million hryvnias in the procurement of reactive armor for armored vehicles used by Ukraine's armed forces, <source 20955c6f-804>. The pre-trial investigation by the National Anti-Corruption Bureau of Ukraine revealed that the Ministry of Defense signed a contract with a state-owned enterprise to urgently procure the armor after Russia's full-scale invasion in April 2022.
The general director of the state-owned enterprise, with the help of two others, allegedly devised a scheme to embezzle the funds. They signed an agreement allowing the state-owned enterprise to purchase reactive armor elements at inflated prices, almost three times higher than the actual cost. These purchases were routed through shell companies, with the excess funds transferred to controlled accounts for laundering.
The private company involved was not a manufacturer of defense goods, and about half of the reactive armor components were produced at another enterprise at significantly lower prices. The individuals involved are charged with offenses under various articles of the Ukrainian Criminal Code. They were identified by NABU detectives and the Security Service of Ukraine, with assistance from SAPO prosecutors.
Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
