An alleged corruption scheme involving the embezzlement of $17.7 million worth of grain has been uncovered in Ukraine, implicating senior officials of a state grain corporation and an unnamed foreign company.
The US-backed National Anti-Corruption Bureau of Ukraine (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAPO), leading the probe, said on Thursday that the scheme dates back to 2021, when the State Food and Grain Corporation of Ukraine (SFGCU) signed four contracts to supply corn to a foreign buyer.
The contracts required full prepayment. Instead, officials and the company allegedly colluded to hand over control of shipments without payment, investigators said.
NABU said no payment was made. Despite this, the corporation allegedly transferred key shipping documents to the buyer, giving it control over the cargo.
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