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Anti-Corruption Bureau busts corruption schemes in Ukraine's defense industry
22:48, 10 May 2018

Anti-Corruption Bureau busts corruption schemes in Ukraine's defense industry

The overall sum of damage to the country's economy made some 30 million U.S. dollars

22:48, 10 May 2018

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Ukraine's National Anti-Corruption Bureau (NABU) busted a number of corrupt mechanisms in the country's defense industry complex. Due to these mechanisms, the country's economy lost over 30 million U.S. dollars. 

According to the Bureau's press service, such schemes were detected in at least 15 enterprises of the defense industry across Ukraine. Criminal cases have been initiated.

In most cases, the crimes involved the conversion of property, its embezzlement or conversion by the abuse of authority, as well as the purchase of goods under increased prices, using the services of mediator companies, which are close to the management of state-run enterprises. 

'According to the findings of detectives, statesmen play the key role in these corruption schemes; every second suspect belongs to that category of people', the press service says. 

The NABU also prevents new corruption schemes; in case a corruption hazard is detected at an enterprise, they turn to the respective officials in order to eliminate the risks. Recently, the Bureau prevented the purchase of fuel and lubricant materials and the low-quality equipment, which allowed saving up to five million U.S. dollars', the Bureau said.

Related: IMF spells out why Ukraine's corruption is dreadful

Related: Corruption park to be opened in Kyiv

Related: Ukraine’s government approves draft law on anti-corruption strategy for 2018-2020

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