Housing management companies that use budget funds in the regions will be inspected for cooperation with fake enterprises, as up to 40% of targeted budget funds are involved in money laundering, Ukrainian Prosecutor General Yuriy Lutsenko has said.

"The separate issue I raise before all the regions – inspection of budgets funds that arrive to the region: for roads, hospitals and schools. All funds provided are to be inspected for money laundering via fake structures," he said, presenting the new prosecutor of Chernihiv region on Monday.

"I am preparing instructions for all regions. In the shortest term, a month and a half, functioning of all regional water supply companies, heat supply companies, gas supply organizations must be inspected if they cooperate with fake structures, using which from 20% to 30% of the cash cost of provided services are involved in money laundering. In some regions up to 40%," he said.