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The case of USD 8 million in losses to Ukrkosmos

  • Date of commencement of the case: 02/10/2019
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The case of USD 8 million in losses to Ukrkosmos The case of USD 8 million in losses to Ukrkosmos

Case description

Serhii Kapshtyk, former director of Ukrkosmos State Enterprise, and former freelance advisor to Mykhailo Hrinshpon, director general of the National Space Agency of Ukraine, are accused of causing USD 8 million of losses to the state enterprise.

Between 2011 and 2014, the participants of the corruption scheme allegedly withdrew abroad and legalized USD 8 million. This amount was part of the USD 292 million provided to Ukraine by the Export Development Canada to build and launch the first telecommunications satellite. 

These actions disrupted the launch of the Lybid satellite, which was supposed to be part of the National Satellite Communications System of Ukraine. Although the project was stopped in 2018, the state budget continued to pay the loan: USD 25 million annually.

Kapshtyk is charged under Article 364, part 2 of the Criminal Code of Ukraine, and Hrinshpon’s actions were classified under Article 364, part 2; Article 191, part 5; and Article 209, part 3 of the Criminal Code of Ukraine.

  • Proceeding No.: 42016000000001157
  • Case No.: 991/528/19 show all cases hide other cases
  • Other court cases No.: 991/518/19, 991/2697/21
  • Incriminated: Article 191, part 5, Article 364, part 2, Article 209, part 3
Instance Key parties Instance /Key parties:
HACC AC
01/05/2024

Panel of judges: Panaid I.V.

HACC
02/10/2019

Panel of judges: Maslov V.V., Khamzin T.R., Halabala M.V., Sikora K.O., Fedorak L.M.

Lawyer: Buniak V.S., Shvydkyi O.O., Papenko R.S., Turkinov Yu.O.

Prosecutor: Kravchenko M.M., Kravets V.V.

Infographics

THE CASE OF UKRKOSMOS

Serhii Kapshtyk and Mykhailo Hrinshpon are accused of causing USD 8 million in losses to SE Ukrkosmos, which disrupted the launch of Ukraine’s first satellite: Lybid.

  • pic
    2011–2014
    The defendants withdrew abroad and laundered USD 8 million intended for the creation and launch of the first Ukrainian satellite
  • pic
    December 4, 2018
    The NABU and the SAPO served Mykhailo Hrinshpon with a suspicion notice
  • December 18, 2018
    Solomianskyi District Court ruled to place the former director of Ukrkosmos under house arrest
  • pic
    January 30, 2019
    The NABU and the SAPO served Serhii Kapshtyk with a suspicion notice
  • February 1, 2019
    Solomianskyi District Court released Kapshtyk on personal recognizance
  • September 26, 2019
    The SAPO referred the case to the HACC
  • October 22, 2022
    The first HACC hearing in the Ukrkosmos case was held
  • pic
    April 17, 2024
    The HACC closed criminal proceedings against defendant Hrinshpon in connection with his death
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Decisions from the Register

Case No. Court Decision date Decision type
991/528/19 HACC 02/10/2019 On the appointment of a preparatory court hearing
991/518/19 HACC 04/10/2019
991/518/19 HACC 04/10/2019
991/528/19 HACC 22/10/2019 On the appointment of a trial
991/528/19 HACC 22/10/2019
991/528/19 HACC 22/10/2019 On the appointment of a trial
991/528/19 HACC 03/06/2020
991/528/19 HACC 03/06/2020
991/528/19 HACC 09/03/2021
991/2697/21 HACC 21/04/2021
991/528/19 HACC 06/07/2021
991/528/19 HACC 06/07/2021
991/528/19 HACC 06/07/2021
991/528/19 HACC 06/07/2021
991/528/19 HACC 16/11/2021
991/528/19 HACC 16/11/2021
991/528/19 HACC 02/06/2022 Decision on the implementation of remote court proceedings
991/528/19 HACC 07/06/2022
991/528/19 HACC 07/06/2022
991/528/19 HACC 08/06/2022
991/528/19 HACC 08/06/2022
991/528/19 HACC 01/12/2022
991/528/19 HACC 01/12/2022
991/528/19 HACC 22/08/2023 Decision on the implementation of remote court proceedings
991/528/19 HACC 11/09/2023 Decision on the implementation of remote court proceedings
991/528/19 HACC 17/04/2024 Decision on closing the criminal proceedings
991/528/19 HACC 17/04/2024 Decision on closing the criminal proceedings
991/528/19 HACC AC 01/05/2024 Opening of appeal proceedings
991/528/19 HACC AC 23/05/2024 Completion of the preparation and appointment of the appeal hearing
991/528/19 HACC 05/06/2024
991/528/19 HACC 05/06/2024
991/528/19 HACC 05/06/2024
991/528/19 HACC 05/06/2024
991/528/19 HACC 03/07/2024
991/528/19 HACC 03/07/2024
991/528/19 HACC AC 27/08/2024
991/528/19 HACC AC 27/08/2024