The National Anti-Corruption Bureau of Ukraine and the Specialized Anti-Corruption Prosecutor's Office have uncovered a scheme to embezzle more than 392 million hryvnias during road repairs. Among those suspected, including the former head of the Dnipropetrovsk Regional State Administration, managed to allocate funds by falsifying documents and substituting the allocated money for other types of work.
Experts found that the cost of work was artificially inflated to 1.5 billion hryvnias, particularly by inflating the price of materials by 392 million hryvnias. Part of the embezzled money was transferred to the accounts of associated individuals and enterprises.
“The established company entered into contracts with a firm linked to the former head of the Dnipropetrovsk ODA, which in turn inflated the price of materials by more than 392 million hryvnias,” the official documents of NABU and SAP state.
This situation is just one of the numerous schemes identified in Ukraine, thus the authorities continue to fight against corruption and reveal violations in the use of budgetary funds at various levels.