The SSU, jointly with the SBI, is conducting searches at the homes and offices of a former member of Ukrainian parliament, former deputy head of the banned party of regions faction.

The law enforcers are checking his involvement in laundering proceeds of crime in the amount of over half a billion UAH (USD 13.3 mln).

The agencies are also investigating the former official’s tax evasion in the amount of over UAH 63 mln (USD 1.6 mln) in 2011-2014.

In this connection, searches are being carried out at the homes of heads of companies controlled by the MP, including those registered offshore.

According to available data, it was through these commercial entities that the former parliamentarian could have conducted transactions to legalize his ‘unofficial’ income.

The criminal proceeding was initiated under two Articles of the CCU:

• 209.3 (laundering proceeds of crime);
• 212.3 (tax evasion).

The investigation is underway.

The offences are punishable by up to 12 years in prison with disqualification to hold certain positions or engage in certain activities for up to three years and confiscation of property.

The investigation is carried out under the procedural supervision of the Prosecutor General’s Office.