Contents tagged with Corruption

  • IMF: Ukraine lost 2 percent of its GDP due to corruption

    In a speech at the 8th Annual Ukrainian Investment Forum on Friday, the Resident Representative of the International Monetary Fund (IMF) in Ukraine, Gösta Ljungman, said that Ukraine's losses due to corruption amount to 2% of GDP.

    "In Ukraine, there is no genuine fight against corruption. Corruption costs Ukraine 2% of its economic growth, so the fight against it is an issue of economic prosperity," Ljungman said.

    He stated that the next important step in this direction should be the creation …

  • Russian general buys $38 million worth of property in Miami

    Former Russian Major-General of the Ministry of Internal Affairs (MIA), Anatoly Petukhov, who dealt with combating organized crime, invested $38 million in real estate in Miami, as reported by the international anti-corruption organization, Transparency International Russia, who has been investigating these activities.

    Petukhov held the post of the Deputy Head of the MIA Main Directorate for Combating Organized Crime. This unit dealt not only with mafia, but also with economic crimes, and …

  • Head of Ukraine’s Anti-corruption bureau: Ukrainian courts sabotage cases against corrupt officials

    Ukrainian courts are completely sabotaging the work of the National Anti-Corruption Bureau (NABU) and the Specialized Anti-corruption Prosecutor's Office (SAP), as indicated by the NABU director, Artem Sytnyk, Radio Liberty reports.

    "We are seeing a total sabotage by the judiciary. It is really a huge problem. The cases simply do not get heard by courts for months," he said.

    Sytnyk explained that out of eight dozen cases which NABU and SAP have submitted to the courts, about a fourth have not …

  • Ukraine’s anti-corruption agency believes the energy industry is the most corrupt economic sector

    The National Anti-Corruption Bureau of Ukraine (NABU) indicated that energy enterprises are the most corrupt branch of Ukraine’s economy.

    "Eighteen months of investigations by the NABU have shown that corruption within the energy industry enterprises is the largest among all spheres of the state economy. This is due to the uniqueness of the enterprises, the number of people involved in corrupt schemes, and the amount of losses. According to preliminary estimates, the total amount of damages …

  • 5 officials from Ukrainian Ministry of Defense indicted on embezzlement

    The Chief Military Prosecutor's office sent to court 7 indictments against 5 former and current Defense Ministry officials and 2 commercial enterprise employees, all suspected of stealing state funds on an especially large scale and of official negligence during the purchase of helmets and bullet-proof vests in 2014-2015.

    "Five former and current heads of the State Procurement and Material Resources Supply Department of the Defense Ministry of Ukraine were informed of suspicion in committing …

  • 7 officials detained in Ukraine over embezzlement of funds for construction of wall on Russian border

    In Ukraine, seven people are suspected of embezzling 16.69 million hryvnia ($642,000) allocated for the European Wall Project on the country’s eastern border. The announcement was made to media on Wednesday by Nazar Kholodnytsky, the head of the Specialized Anti-Corruption Prosecutor's Office (SAP), 112.ua reports.

    "Seven people consisting of Ukrainian State Border Guard Service officials and contractor’s representatives are being detained after searches related to the investigation of the …

  • Head of DPR Zacharchenko wants to introduce death penalty for corruption

    The head of the separatist, self-proclaimed Donetsk People’s Republic (DPR), Alexander Zakharchenko, said during the broadcast of Donetsk Format TV program, that he plans to introduce the death penalty for corrupt officials.

    "I have been thinking about it and I'm going to do it in the near future. I will toughen laws that deal with corruption and the punishment will be very serious. We will issue an order imposing the death penalty if necessary. More precisely this will be the highest measure …

  • The Prosecutor General's Office of Ukraine is investigating the appropriation of $3.8 million for the construction of a wall on the Russian border

    The Office of the Prosecutor General of Ukraine has launched a joint investigation together with the Security Service of Ukraine (SBU) into a criminal scheme involving embezzlement and the appropriation of more than $3.8 million "in the procurement of goods, works and services in the interests of the State Tax Service of Ukraine.", as reported on the website of the Prosecutor General's Office of Ukraine.

    According to the Office of the Prosecutor General, officials of the State Tax Service (STS) …

  • Russian schoolboy was dissatisfied with Putin's answer to the question about corruption

    A schoolboy named Danila, from Nefteyugansk, remained dissatisfied with Russian President Vladimir Putin’s response to his question about corruption.

    During the ‘Direct Line with Vladimir Putin’ Q&A TV show, the young man asked Putin how the President could solve the problem of corrupt officials. The teenager also expressed the opinion that placing corruption suspects on house arrest does not yield results, yet the problem affects most of the country's population.

    He added that in the Khanty- …

  • Prosecutor General’s Office of Ukraine accuses state railway company Ukrzaliznytsia of having business ties with separatist republics

    The Main Military Prosecutor General’s Office, in the context of the case on financing terrorism, conducted 28 simultaneous searches of the accommodation and premises of companies, including Ukrzaliznytsia (Ukrainian Railways).

    “It has been established that a number of commercial enterprises and officials of the public company Ukrzaliznytsia organized the shipment of the products of enterprises located in the LPR (Luhansk People’s Republic) and DPR (Donetsk People’s Republic), for the needs of …