Acting Minister of Ecology Serhiy Kurykin is implicated in the embezzlement of 500 million hryvnias.

Sergey Kurykin

Sergey Kurykin

The current acting Minister of Ecology and Natural Resources, Serhiy Kurykin, is linked to the embezzlement of half a billion hryvnias from the Kyoto financing scheme. These findings of an internal investigation were announced at a Cabinet meeting.

The commission found that "official negligence and a complete lack of control on the part of the acting Minister of Ecology, Kurykin, and the head of the Department of Climate Policy, Vezhnin" led to the embezzlement of 500 million hryvnias of budget funds.

Both officials were warned "verbally and in writing" that a fictitious company had won the tender for the LED fixtures. However, Kurykin and Vezhnin ignored this information.

On December 23, 2015, these same officials initiated and submitted to the Cabinet of Ministers a request for payment of 70% of the advance payment under a contract with a fictitious company.

The management of the state-owned enterprise “Ukrecoinvest” is also involved in this scheme of siphoning off state funds.

The Cabinet of Ministers' Investigative Committee is requesting the dismissal of all those involved in the embezzlement of UAH 500 million and the initiation of a criminal investigation into their actions.

Prime Minister Yatsenyuk immediately submitted this decision to the Cabinet of Ministers for consideration and promised to transfer all materials from this investigation to the National Anti-Corruption Bureau of Ukraine (NABU).

Recall that The post of head of the Ministry of Ecology may be given to Lyashko in exchange for his faction's return to the coalition..

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