NABU revealed the involvement of foreign banks and companies in corruption schemes in Ukraine
Foreign banks and companies involved in the job, more than a third of all losses from crimes investigated by the National anti-corruption Bureau.
This is stated in the press service of NABOO.
NABU has established commercial structures from at least 10 countries, with participation from the Ukraine were put up to 2.27 billion, 428 million dollars. USA, EUR 4.3 million and 825 thousand pounds.
The consequence has established participation of foreign entities, corruption schemes implemented in a number of Ukrainian state-owned companies.
In particular, “Ukrgasdobycha”, “Electrotyazhmash”, “United mining and chemical company” (OGHK), “State food and grain Corporation of Ukraine” (GPZKU), “Administration of sea ports of Ukraine”, “Odessa port plant” (OPP) and the like.
Often the ultimate beneficiaries of foreign companies are citizens of Ukraine, corruption and money derived abroad and are used to create in Ukraine new schemes and funding for private needs of their organizers.
Most of these intermediary companies have “residence” in the UK and the Republic of Cyprus, where the Ukrainian corrupt officials are attracted by low taxation, simplified financial reporting and the highest guarantees of confidentiality.
Meanwhile, banking transactions often are done through financial institutions in Latvia and Austria, as the banks there work quickly and have strict standards of banking secrecy.
See also:
The NAB is investigating fifty cases of corrupt thefts in the state. Infographics
Recall that NABU exposed the damage to the state 85 billion hryvnia. National anti-corruption Bureau has reported the results of their work, detectives agencies carry out pre-judicial investigation in criminal proceedings 319.
During March, the NAB reported suspicion of nine persons in respect of 12 persons prosecutors Specialized anti-corruption Prosecutor’s office drafted indictments.
In March, the NAB has sent five cases to court.