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The case on the embezzlement of Spetstechnoexport funds

  • Date of commencement of the case: 19/01/2024
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The case on the embezzlement of Spetstechnoexport funds The case on the embezzlement of Spetstechnoexport funds

Case description

On April 12, 2024, the HACC convicted Valerii Syniakov, former head of one of the departments of SE Spetstechnoexport, and his deputy Oleksandr Fatianov. They caused more than USD 2 million in losses to the company.

The case concerns the events of 2014-2015, when the management of the state-owned enterprise concluded an agreement with the foreign company FG TECHCAPITAL LTD, which provided that the company would provide agency services with the involvement of a foreign customer through mediation.

More than USD 2.3 million was transferred to the foreign company for such “services”; however, as the NABU found out, in fact the non-resident company did not provide any services. It turned out that the company was under the control of one of the deputy heads of the Spetstechnoexport department. In addition, the purchase of goods abroad, the cost of which was 3.5 times higher than the market value, was also carried out through the specified company.

The actions of Syniakov and his deputy Fatianov were classified under Art. 28(2), Art. 364(2), Art. 28(2), Art. 366(1) of the Criminal Code of Ukraine.

Initially, they were sentenced to 5 years in prison, but based on plea agreements, the defendants were given a year of probation and exempted from actual sentence. Moreover, the former officials must pay a fine of UAH 11,900, and they will not be able to hold certain positions for 3 years. Syniakov additionally undertook to compensate UAH 5 million in damages.

The court released the convicts from punishment for forgery in office, since the statute of limitations had expired under this article.

Ihor Hladush, former director of Spetstechnoexport, is also involved in this case, who admitted his guilt and undertook to compensate UAH 10 million in damages. His proceedings were considered separately.

  • Proceeding No.: 52023000000000368
  • Case No.: 991/429/24
  • Incriminated: Article 364, part 2, Article 209, part 3, Article 191, part 5
Instance Key parties Instance /Key parties:
CCC
10/06/2024

Panel of judges: Holubytskyi S.S.

HACC
19/01/2024

Panel of judges: Moisak S.M., Shyroka K.Yu.

Infographics

THE CASE ON THE EMBEZZLEMENT OF SPETSTECHNOEXPORT FUNDS

The management of SP Spetstechnoexport organized the embezzlement of more than USD 2 million of state enterprise funds through a scheme with agency payments for fictitious services provided by a private company.

  • 2014-2015
    The parties to the case concluded a contract for the provision of services, which was not effectively implemented
  • January 17, 2023
    The defendants were served with suspicion notices
  • January 23, 2023
    the HACC imposed an interim measure on Syniakov in the form of a bail of more than UAH 10 million
  • March 29, 2023
    the HACC released Fatianov on personal recognizance
  • January 16, 2024
    Syniakov and Fatianov concluded plea agreements with the prosecutor. On the same day, the agreement was referred to the HACC
  • April 12, 2024
    the HACC approved plea agreements and convicted Syniakov and Fatianov

Decisions from the Register