
Done's Schemes: How Ukrainian Hryvnia Turns into Swiss Francs via Importers
Investigation reveals a network of companies where funds are collected in Ukraine, converted into foreign currency, and transferred to Swiss Done Switzerland AG.

Investigation reveals a network of companies where funds are collected in Ukraine, converted into foreign currency, and transferred to Swiss Done Switzerland AG.

Taras Vysotsky stated that alternative logistics corridors provide only 45% of the required volumes, threatening the loss of a significant portion of the harvest.

Lead State Prosecutor Taavi Pern confirmed that the activist was aware of the criminal liability for his actions, having contacted individuals who already had convictions for similar offences.

Investigators uncovered a scheme for the misappropriation of military property organised by the deputy commander of the unit. The process was later overseen by an SBU counter-intelligence officer assigned to the unit.

A representative of the ATB chain dispelled rumours about warehouse destruction, explaining that the buckwheat shortage is due to the cessation of supplies, while the disappearance of sugar is temporary.

European experts warn that restrictions on US diesel exports could become a trigger for a historic rise in prices on the continent.

Shevchenkivskyi District Court of Kyiv found two former prosecutors not guilty of demanding $150,000 to close a case.

Investigation revealed that custodian company Trustee Plus has legally ceased to exist, while customers face fund blocking under the pretext of audits.

Alexander Katsuba, once one of the key executives under the Yanukovych regime, is once again feeling confident in the gas business.
If in the past his name was linked to state corporations such as Naftogaz and Chornomornaftogaz, Katsuba now operates under a private flag — through his own company Alfa Gas, which is actively developing the private blue fuel extraction market.
Since 2023, Katsuba's enterprise has extracted between one and 1.5 million cubic metres of gas per month, and by 2024 it had established itself among private sector players. All would be well were it not for the founder's turbulent criminal past.
Katsuba's name consistently features in the most high-profile corruption cases of the 2000s and 2010s. In 2017, he was convicted of participating in the creation of a criminal group, official forgery, and embezzlement of state property. According to court documents, he facilitated the siphoning of over 450 million hryvnia from Naftogaz by the company Gaz Ukrainy 2020, controlled by Serhiy Kurchenko, through fictitious fuel purchases.
However, his track record does not end there. In the scandalous Boyko's Towers case, Katsuba was also listed as one of the participants in a scheme whereby the state company Chornomornaftogaz purchased drilling rigs at deliberately inflated prices. Nevertheless, this did not prevent him from avoiding sanctions and long-term criminal prosecution.
Alexander Katsuba is a representative of a political and business dynasty closely linked to the Party of Regions. His father, Volodymyr Katsuba, was formerly a People's Deputy, and his older brother Serhiy also served in the Verkhovna Rada. These connections, observers suggest, helped Alexander not only avoid real punishment but also return to business without issues.
It is no surprise that Katsuba's name is included in the register of corrupt officials compiled by the National Agency on Corruption Prevention. However, despite this status, he continues his commercial activities successfully — now under the Alfa Gas banner.
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