The court is considering a case regarding the seizure of UAH 31 million of the seaport in Izmail

​​ Specialized Anti-Corruption Prosecutor’s Office and NABU have completed the investigation into the case of the misappropriation of millions of funds of the State Enterprise “Izmail Sea Trade Port” during public procurement.

This was reported by the Specialized Anti-Corruption Prosecutor’s Office.

“The SAPO prosecutor has decided to complete the pre-trial investigation into the case of the misappropriation of UAH 31 million from the State Enterprise “Izmail Sea Trade Port” during public procurement. Qualification: Part 5, Article 191 of the Criminal Code of Ukraine,” the report says.

Among the suspects is the current first deputy director of the state enterprise, as well as three representatives of private supplier companies.

This is an investigation into the case on suspicion of entrepreneur Serhiy Solovyov, former director of the State Enterprise “Izmail Sea Trade Port” Andriy Erokhin and two other persons in the misappropriation of UAH 24 million.

The investigation established that the organizer of the crime, involving the port director and representatives of controlled private supplier companies, developed a criminal scheme to appropriate the funds of a state-owned enterprise.

The group members had access to official information regarding future procurements and determined the “winners” of the tenders in advance.

Subsequently, these companies independently:

• negotiated with manufacturers;

• prepared technical requirements and tender documentation instead of the port;

• included discriminatory conditions in the documentation to eliminate real participants;

• submitted inflated price offers to increase the expected cost of procurements;

• committed other anti-competitive concerted actions.

During 2022–2023, the organized group appropriated UAH 31 million, which was transferred to the accounts of their own enterprises and individual entrepreneurs, after which it was converted into cash and distributed among the group members.

We will remind, earlier NABU and Specialized Anti-Corruption Prosecutor’s Office exposed an organized group that seized over UAH 24 million from the state enterprise “Izmail Sea Commercial Port”.