Former top officials of State Food and Grain Corporation exposed in UAH 776 mln grain embezzlement – NABU

The National Anti-Corruption Bureau (NABU) and the Special Anti-Corruption Prosecution Office (SAPO) have exposed a large-scale corruption scheme to embezzle grain from JSC State Food and Grain Corporation of Ukraine (SFGCU), NABU reports.

"The organized criminal group included former top officials of the state corporation and representatives of a foreign company," the Bureau informed on its Telegram channel on Thursday.

According to NABU, in 2021, the leadership of SFGCU concluded four foreign economic contracts with a non-resident company for the supply of feed corn.

"Contrary to the terms of the agreements, which required 100% payment for the goods before the transfer of ownership, the original bills of lading for the cargo ended up with the purchasing company," the Bureau clarified.

According to NABU, this allowed for the unhindered unloading of ships and disposal of grain that had not been paid for.

The report notes that in order to hide this fact and create a false impression of control over the property, copies of bills of lading with forged signatures and seals were left at SFGCU.

"As a result of such actions, the state corporation lost nearly 106,000 tonnes of grain worth UAH 776 mln," NABU said.