Ukraine investigates $43 million arms-export embezzlement allegation
NABU suspects a former company director of embezzlement through sham arms-export brokerage. Ukrainska Pravda identifies the suspect as Taras Shyiko, citing its own source.
Ukraine’s anticorruption agencies NABU and SAP have formally notified a former director of a state enterprise within Ukrspetseksport of suspicion. Their 30 October statement concerns more than $43 million, reported by NABU as over 1.1 billion hryvnias. The agencies do not name him. Citing a law-enforcement source, Ukrainska Pravda identifies him as Taras Shyiko, now deputy director-general of Ukroboronprom and formerly head of the export company Progress.
Investigators say the director contracted a foreign intermediary in 2015 for sales of Ukrainian military products to a Middle Eastern customer. The state enterprise allegedly conducted negotiations itself without that intermediary. Nevertheless, documents for services allegedly never delivered were signed and payments transferred in 2018 and 2019. NABU estimates the alleged loss at 30 percent of the contract value. The ongoing pretrial investigation concerns embezzlement through abuse of office and falsification of official documents. State audit specialists assisted the investigation.









































