News » Crime 24 July, 2017, 18:25
Prosecutors point finger at Motor-Sich plant managers

Prosecutors have exposed a criminal scheme under which Motor-Sich aviation turbines plant top officials embezzled UAH350 mn ($13.5 mn), PGO press service reports July 24.

In 2013-2016, the suspected top officials bought ‘garbage’ shares with very low credit rating by transferring UAH350 mn into the accounts of token companies, PGO says.

Prosecutors have completed the searches in the offices and homes of the suspects. They seized $500,000 and valuables.

The Prosecutor General’s Office is soon to announce the arrests of corrupt officials. 

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2019-03-23 00:08 :29