
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.

The National Agency on Corruption Prevention (NACP) identified discrepancies in the 2023 asset declaration submitted by Ihor Kostenko, deputy head of the Lysychansk City Military Administration. The official failed to declare part of his real estate, understated the value of several assets, and listed inaccurate amounts in his family's bank accounts.
According to 368.media, the total amount of identified discrepancies exceeds 1.8 million hryvnia. Kostenko's actions may be classified as an offence under Article 366-2 of the Criminal Code of Ukraine.
Among the identified discrepancies is a land plot of 2,400 square metres, which belongs to Kostenko according to a state title deed from 2007. The official claims he sold it in the same year but was unable to provide supporting documents. According to expert estimates, the minimum value of the land is 250,500 hryvnia.
Accurate data was also missing for two other land plots:
In addition, Kostenko did not include in his declaration two land plots belonging to his wife, with areas of 713 and 864 sq m, whose estimated value exceeds 200,000 hryvnia.
The asset declaration lacks information about a residential house of 113.5 sq m owned by the official's wife. Kostenko stated that he did not know its value, although official documents assess the property at 50,000 hryvnia.
Notably, the official himself admitted that he permanently resides in this house with his son, but did not specify the right to use the property in the declaration.
The NACP also recorded the understatement of the value of vehicles belonging to Kostenko and his family:
The official explained the price difference for the Land Cruiser by stating that he purchased the car from a person to whom he had previously lent 33,000 US dollars. According to him, part of the car's cost was credited towards repaying the debt. However, he provided no supporting documents.
In addition, Kostenko understated the value of his wife's electric car, Volkswagen ID.4 (2021), listing 950,000 hryvnia instead of 953,692 hryvnia.
Following the analysis of the declaration, the NACP identified discrepancies totalling over 1.8 million hryvnia. The audit materials may serve as grounds for further proceedings and holding Kostenko accountable.
Comments
No comments yet. Be the first!