A member of the Kyiv City Council will face trial on suspicion of embezzling 300,000 hryvnias of budget funds by abusing her official position.
This is reported by Kyiv24
Nature of the Charges: Abuse of Official Position
Investigators have completed their inquiry and submitted an indictment to the court regarding the Kyiv council member. According to law enforcement, at the time of the offense, she was leading a charitable foundation that rented a municipal property covering 168 square meters in the Holosiivskyi district of the capital.
Mechanism of Illegal Embezzlement
According to the case materials, the organization had the right to purchase the rented property. To lower the cost of the asset for subsequent privatization, the suspect initiated so-called essential improvements—renovation works, the cost of which was significantly inflated. Based on these works, she managed to privatize the municipal property for a pittance and received 300,000 hryvnias in compensation from the Kyiv budget.
“Under the lease agreement, the organization had the right to purchase the property. However, to reduce the cost of the asset, the suspect initiated so-called essential improvements—renovation works, the cost of which was significantly inflated. Subsequently, based on the conducted ‘renovation,’ the suspect privatized the premises for a pittance and additionally received 300,000 hryvnias from the capital’s budget as compensation,” the statement reads.