The officers of the Security Service of Ukraine (SBU) stopped the illicit activity of Motor Sich Company, which financed the activity of terrorist organization Donetsk People’s Republic (DPR). Moreover, they handed suspicion notices to the company's director and head of financial department, as the SBU reported.
“The officials of stand-alone detachment of group, Snizhnansky machine building plant, which is situated in the temporarily occupied territory of Donetsk region, during implementation of the economic activities, worked out and implemented the mechanism of holding of the operations with no goods with the subjects of business situated in the territory of Ukraine, Russia and so-called Donetsk People’s Republic,” the message said.
In the result of a deal, the payments of Snizhnansky machine building plant were sent to Central Republic Bank of DPR as payment for the so-called taxes and other obligatory payments not provided by the current Ukrainian legislation.
Particularly, in 2015 Snizhnansky machine building plant paid over $500.000 to the DPR budget. The plant also passed the inventory values for the needs of the so-called Ministry of Incomes and Fee of DPR for free. Thus, it directly financed the illegal armed formations of the militants.
The criminal proceeding due to the financing of terrorism is opened.
The pretrial investigation continues.
The officials of the company are suspected in the embezzlement of $14 million.
According to the Prosecutor's Office, the officials of the 'Motor Sich' bought the 'junk' securities in 2013-2016 by the transfer of money in the sum of more than $13.3 million to the current accounts of the number of the enterprises with the signs of the sham that later being cashed in the banking institutions.
The embezzlement scheme of 'Motor Sich' was disclosed by the Investigation of High Priority Economic Affairs Department of the Prosecutor General's Office with the support of the Economy Defense Department of the National Police.
In the result of the searches at the main objects and the apartments, $500, 000 and antique were confiscated.