The Appeals Chamber of the High Anti-Corruption Court (HACC) has confiscated UAH 3.4 million in bail and declared the former deputy general director of the company ‘Ukrinmash’ internationally wanted in a case involving the embezzlement of funds from a subsidiary of Ukroboronprom (Ukrainian Defense Industry).
This was reported by the press service of the Specialized Anti-Corruption Prosecutor’s Office (SAPO), according to Ukrinform.
“On October 20, 2025, the Appeals Chamber of the HACC upheld the position of the SAPO prosecutor and declared the former deputy general director of Ukrinmash internationally wanted. He is accused in a case concerning the embezzlement of almost UAH 3.5 million from two state-owned enterprises,” the statement reads.
In addition, the HACC Appeals Chamber granted the prosecutor’s motion to transfer the UAH 3,404,000 bail to the state budget.
At the same time, the court chose pre-trial detention as a preventive measure for the former deputy general director of Ukrinmash. Once the individual is detained and brought to the place of pre-trial investigation, the court will decide on applying this preventive measure.
According to SAPO, during the pre-trial investigation, law enforcement officers established that in 2014–2016, the management and officials of the State Foreign Trade and Investment Firm Ukrinmash, together with representatives of a foreign company that was supposed to facilitate the signing and implementation of foreign trade agreements, organized the unjustified conclusion of contracts for the “support” of such agreements. They then drew up knowingly false reports of completed work and subsequently arranged the illegal transfer of funds.
As a result, the state enterprise suffered nearly UAH 3.5 million in losses — the exact amount of funds unlawfully transferred under these agreements.
On November 18, 2024, the HACC delivered a guilty verdict in this case, which is now under consideration by the HACC Appeals Chamber.
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