Tax specialists exposed scheme on misappropriation of budgetary funds totaling more than 2 million UAH during road repairs

Tax specialists during the analytical research exposed scheme on misappropriation of budgetary funds totaling 2.2 million UAH by officials of one limited liability company of Khmelnytskyi region.

During 2019 – 2020, the company participated in public procurement, where the customer of road repair works was a number of utilities. According to the agreements on construction and repair works, the company received budgetary funds totaling about 20 million UAH.

Further, tax specialists of the Anti-money laundering department of Main Directorate of the STS in Khmelnytskyi region identified that company’s officials unreasonably transferred budgetary funds to the current accounts of private entrepreneurs for goods and works (services) which were not actually delivered to the address of specified business entity.

Such actions led to an overestimation of the total cost of performed construction works and the misappropriation of budgetary funds by dishonest officials in the total amount of 2.2 million UAH.

Materials regarding this fact, which were sent to the law enforcement agencies, became the basis for entering information on the grounds of a crime under Part 3 Article 191 of the Criminal Code of Ukraine to the Unified register of pre-trial investigations.

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