NABU, SAPO charge four more in case tied to ex-State Property Fund head
Law enforcement officers have notified four additional individuals of suspicion in the case of a criminal organization headed by former State Property Fund chief Dmytro Sennychenko; they are suspected of laundering corrupt proceeds totaling UAH 300 million.
"NABU and SAPO have issued new suspicions in the case of the criminal organization headed by the former head of the State Property Fund of Ukraine. This concerns four individuals involved in the legalization of property obtained through criminal means," the National Anti-Corruption Bureau said in a statement.
According to the report, to launder corrupt proceeds, the suspects created companies abroad and used them to purchase various assets. These included land plots in Croatia, expensive cars, and an entire floor of apartments in a residential building in the United Arab Emirates, among other things. The total value of the laundered property exceeds UAH 300 million.
The identification of new participants in the scheme became possible thanks to the work of a joint investigative team with several European countries.
As previously reported, according to investigators, the former SPFU head, together with accomplices, installed "their own" people as directors of PJSC Odesa Port Plant and PJSC United Mining and Chemical Company. These directors then signed contracts with pre-selected companies and sold products at artificially low prices. The price difference was siphoned off and converted for the benefit of the criminal organization. This caused state losses of more than UAH 700 million. Members of the criminal organization are also suspected of laundering over UAH 10 billion in criminal proceeds. The total number of suspects in the organization's activities now stands at 15.
In May 2024, the High Anti-Corruption Court arrested former SPFU head Sennychenko in absentia. Since April 2023, he has been on an international wanted list. In March 2023, NABU announced suspicion against Sennychenko.
