NABU (National Anticorruption Bureau of Ukraine) and SAPO have exposed large-scale money laundering by a former executive of a state-owned special exporter.
During the investigation into the embezzlement of funds from Ukroboronprom defense concern, it was discovered that the suspect, in collusion with other persons, illegally transferred the funds of state-owned enterprises to foreign company accounts under the guise of “agent services” for selling Ukrainian military equipment. The total amount of these transfers exceeds USD 46 million.
At least EUR 13 million of these funds were funneled through multiple intermediary companies and ultimately ended up in the suspect’s accounts. He then used the money to purchase luxury real estate in France, including:
- a villa worth UAH 86 million;
- a winery, corporate rights, and 105 land plots worth UAH 229 million;
- an additional 27 vineyard plots worth UAH 37 million.
Currently, a French court has seized the mentioned assets. NABU is seeking the suspect’s extradition to Ukraine.
Former Ukrainian official suspected of money laundering through France
American Buddhist Net 