State Space Agency officials insured an unfinished rocket for UAH 50 million

the hand rakes in the doughThe Main Military Prosecutor's Office is conducting a criminal investigation against officials of the Yuzhnoye Yangel Design Bureau and the State Space Agency of Ukraine. Investigators suspect officials of these state-owned enterprises of laundering public funds while insuring the Cyclone-4 launch vehicle, according to Nashi Groshi, citing a statement from the prosecutor's office.

The Chief Military Prosecutor's Office established that in 2009, in accordance with the agreement, the Ukrainian government allocated funds in the amount of $6 million (approximately 48 million hryvnia at the exchange rate at that time) to insure the Cyclone-4 missile system.

In 2012, the State Space Agency of Ukraine signed an agreement with Aerospace Insurance Broker LLC, Ukrainian Insurance Capital OJSC, and the British company Catlin. The terms of the agreement included insurance for the Cyclone-4 complex during transportation and preparation for launch.

Insurance payments totaled $5,9 million, equivalent to 47,90 million hryvnias at the exchange rate of the time. In 2012, the Yangel Design Bureau transferred this amount to the insurers in full. However, the Cyclone launch vehicle is still under construction and located in the production facilities of the Yuzhnoye State Enterprise. Therefore, prosecutors believe there was no basis for paying for the insurance of the missile system.

Oleksandr Kopytov is listed as the founder and owner of Aerospace Insurance Broker. A man with the same name worked as an assistant to MPs Yuriy Chmyr (Party of Regions), Oleh Lukashuk (Socialist Party of Ukraine), and Oleh Tyshchenko (BYuT).

Nikolai Guk is listed among the co-owners of the company "Ukrainian Insurance Capital." A person with the same name was an assistant to communist MPs Svetlana Shmeleva and Yevhen Chernyak.

The shareholders of PJSC Ukrainian Insurance Capital are the following companies: Toma LLC, Yuvid-2009 LLC, and Integralfinance LLC.

SKELET-info

 

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