Investigation complete: $111m scheme at Energoatom and state energy sector

The pre-trial investigation into the activities of a high-level criminal organisation in the energy sector has been completed. According to the investigation, participants in the scheme systematically obtained undue advantage from counterparties of the state enterprise Energoatom and other companies in the state sector.

Mechanism of extortion and money laundering

The perpetrators demanded 10%–15% of the total value of concluded contracts from counterparties. Various instruments were used to launder the illegally obtained funds: a separate office, cryptocurrency, securities, and a foreign investment fund.

The investigation established that between 2020 and 2025, over $111 million and €12 million passed through the aforementioned office.

Asset seizure measures

The National Anti-Corruption Bureau of Ukraine and the Specialised Anti-Corruption Prosecutor's Office took measures to seize the assets of the criminal organisation both within Ukraine and abroad. The agency also stated that the investigation into other cases of corruption and money laundering in the energy sector is ongoing.