16:43 09.10.2023

HACC closes Rotterdam+ formula case due to expiration of investigation term

2 min read
HACC closes Rotterdam+ formula case due to expiration of investigation term

The High Anti-Corruption Court (HACC) has ruled to close the Rotterdam+ formula case due to the expiration of the term of the pre-trial investigation, the Specialized Anti-Corruption Prosecutor's Office (SAPO) will appeal the decision.

"On October 9, 2023, during a preparatory hearing, the panel of judges of the HACC approved a decision to close the Rotterdam+ formula case based on item 10 of Part 1 of Article 284 of the Criminal Procedure Code of Ukraine, i.e. due to the expiration of the term of the pre-trial investigation determined by Article 219 of the Code, following the notification of suspicion," the SAPO said on the Telegram channel on Monday.

The decision was made with a separate opinion of one of the judges, according to the SAPO.

"The prosecutor of the SAPO disagrees with the court ruling and will appeal it in a court," it said.

The SAPO recalled that on March 14, 2023, its prosecutors sent to court an indictment, based on the results of the investigation conducted by the National Anti-Corruption Bureau of Ukraine (NABU), against six persons involved in the introduction of the so-called Rotterdam+ formula.

According to the investigation, the introduction of the formula caused damage to electricity consumers worth UAH 19.357 billion in 2016-2017. The prosecutor also filed a civil claim for compensation for the damage in the amount of UAH 19.357 billion caused by the criminal offense to the state.

The full text of the court ruling will be announced on October 13, 2023 at 15:30.

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