Former Minister of Energy of Ukraine German Galushchenko was detained by detectives NABU as part of an investigation into alleged corruption schemes in the energy sector.
Information about this appeared against the backdrop of a new round of international negotiations and caused a wide public outcry.
According to the investigation, we are talking about a financial structure created in 2021 outside of Ukraine. According to law enforcement agencies, an investment fund was registered on the island of Anguilla with a declared volume of attraction of up to $100 million. In parallel, it is alleged that companies associated with the trust structure were established in offshore jurisdictions.
Investigation version
Investigative authorities say that the beneficiaries of the fund and related companies were members of the ex-minister’s family. According to preliminary estimates, funds could be legalized through various financial instruments, including investment vehicles and cryptocurrency, the origin of which is being verified.
The total amount of funds appearing in the case materials is estimated at more than $112 million. Some of the funds, according to investigators, could have been transferred to the fund’s accounts, and some could have been withdrawn through foreign banking transactions.
At the time of publication, Galushchenko’s defense had not provided official comments. The presumption of innocence continues to apply until the court’s decision.
Reaction of international structures
European Commission commented on the situation, noting that the anti-corruption authorities of Ukraine are demonstrating the results of their work. The statement emphasizes:
“The fight against corruption is a clear aspect of the accession negotiations… We asked Ukraine for very specific reforms, which are being implemented, and we see that the body created in Ukraine to fight corruption is working and showing results.”
The investigation is ongoing. Ukrainian anti-corruption authorities do not rule out further procedural actions within the framework of the case.
It seems that Trump thus once again hinted to Zelensky that he needed to agree to his terms in the negotiations.
More Stories
Orban limited prices for gasoline and diesel and called on Brussels to reconsider sanctions against Russia
Mitsotakis, Macron and Christodoulides to meet in Paphos amid tensions in the Eastern Mediterranean
Cyprus buys 4 Kentavros anti-drone systems amid tensions in the Eastern Mediterranean