The SSU jointly with the Economic Security Bureau of Ukraine have exposed new facts of criminal activity of the former top management of Ukrtatnafta PJSC.

According to the investigation, the company’s officials illegally transported over 72,000 tons of oil from customs warehouses to an oil refinery.

The hidden ‘pumping’ was carried out through a network of main oil pipelines.

The obtained raw materials were used to produce wholesale batches of fuel, which the criminals sold through controlled petrol stations without reflecting these transactions in accounting records.

For this purpose, they entered false information into reporting documentation.

Under this ‘scheme’, the company officials illegally sold light oil products for over UAH 2 bln (USD 53 mln).

Based on the evidence collected, the ex-head of Ukrtatnafta was additionally declared a suspect under Article 191.5 (misappropriation, embezzlement or seizure of property through abuse of office).

The suspect is in custody. The investigation is underway.

Earlier, the investigation of the SSU and the ESBU into corruption schemes of former management of PJSC Ukrnafta and PJSC Ukrtatnafta resulted in UAH 605 mln filling Ukraine’s state budget.

The SSU exposed the scheme jointly with the ESBU under the supervision of the Prosecutor General’s Office.