NAKO Uncovers Scheme to Embezzle 37 Million UAH in Aid to Ukraine

The National Anti-Corruption Bureau of Ukraine (NABU) and the Specialized Anti-Corruption Prosecutor's Office (SAP) have uncovered a scheme to embezzle over 37 million UAH of international aid, led by a former Secretary of State of the Ministry of Foreign Affairs of Ukraine. Members of the group funneled funds through controlled companies and currency exchange centers. The investigation established that the money, intended to support Ukraine at the onset of Russia's full-scale invasion, was legalized through currency exchange centers. The former Secretary of State persuaded international donors to transfer aid to the account of a controlled non-governmental organization. Expertise showed that the funds had the status of targeted budget funds from a special fund of the Ministry of Foreign Affairs of Ukraine. Subsequently, the money was transferred to the accounts of individuals and legal entities, after which it was cashed out. The participants in the scheme used the funds for personal enrichment, creating fictitious documents and entering into grant agreements with false data. The total amount of legalized funds exceeded 37 million UAH, equivalent to approximately 1.28 million USD at the exchange rate at the time of the crime. Among the suspects are the former Secretary of State of the Ministry of Foreign Affairs, the former head of the Secretary's office, an advisor to the former minister, and the accountant of the non-governmental organization.

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