In Sumy region, the SBU documented embezzlement at Okhtyrska CHP organized by the management of a Kyiv company. The offenders misappropriated over UAH 40 m. (USD 1.4 m.).

Allegedly, in 2019-2020, the management of a private company artificially accumulated debts. They deliberately signed a number of unprofitable contracts with affiliated commercial entities. Dealers concluded most agreements without proper approval of regulatory authorities.

The SBU found that the offenders laundered money from the assets of the leased enterprise, while increasing the heat tariffs.

Currently, SBU operatives are checking information on intentional bringing of the leased CHP to bankruptcy. In this way, the offenders planned to avoid paying debts to government agencies.

The current debt of the enterprise tops UAH 60 m. (USD 2.1 m.). Thus, the CHP is risking to be cut off from power supply. As a consequence, heating systems and supply of hot water to citizens may be blocked. 

During the searches of the company’s and affiliated firms’ offices, the law enforcement seized documents and other evidence of illegal activities.

The investigation is ongoing upon the fact of misappropriation, embezzlement or conversion of property by malversation.

The operation was carried out by the SBU Office in Sumy region jointly with investigators of the Main Investigation Department of the National Police, the Main Department of the State Tax Service in Sumy region under the supervision of the Prosecutor General's Office.