Business news from Ukraine

The National Anti-Corruption Bureau of Ukraine (NABU) and the Security Service of Ukraine (SBU) under the procedural direction of the Prosecutor General’s Office (PGO) have detained Deputy Minister for Temporarily Occupied Territories and Internally Displaced Persons (IDP) of Ukraine Yuriy Hrymchak and his assistant for soliciting a $1.1 million bribe.
As reported on Wednesday on the NABU Facebook page, the deputy minister and his assistant were exposed and detained on suspicion of committing a crime under Part 4 of Article 190 of the Criminal Code of Ukraine (fraud committed in respect of an especially gross amount, or by an organized group).
“The indicated persons, allegedly for exerting influence on decision-making by persons authorized to fulfill the functions of the state, demanded unlawful benefit from the representative of a legal entity in the total amount of $ 1.1 million,” the NABU reported.
According to the bureau, the official and his assistant were caught red-handed while receiving part of the funds in the amount of $480,000.
The SBU press center on a Facebook page said that the criminal proceedings are being investigated by a joint investigation team consisting of representatives of the NABU, SBU and prosecutors of the process management department of the procedural management department in criminal proceedings on crimes of a special category of the PGO.
Earlier that day, the SBU press service reported that Hrymchak’s home was being raided.