The Constitutional Court will decide whether the National Anti-Corruption Bureau of Ukraine (NABU) is entitled through courts to invalidate transactions that were discovered invalid during the investigation.
The Court schedule notes that a closed meeting is scheduled for March 27, reports “Ukrainian Truth”.
The Court initiated the criminal prosecution in October 2018 on the complaint of the “Zaporozhsky Ferroalloy Plant” – enterprises controlled by the Privat Group of Ihor Kolomoisky and Gennady Bogolyubov.
The Anti-Corruption Bureau asked the Court to invalidate the transactions of persons involved in criminal investigations in top corruption.
At the same time, Kolomoisky’s plant considers this authority unconstitutional.
According to the “Center for Combating Corruption”, the state will lose about 7 billion UAH if the Constitutional Court decides that the NABU acted illegally.
Activists point out that the cancellation of agreements through the Court is a mechanism for stopping corruption schemes while the investigation is still underway and no sentences have yet been passed.
It is noted that in the four years of operation, NABU filed 42 lawsuits, for which 92 questionable transactions were invalidated.
“Thanks to this work, NABU’s lawyers will return 7 billion UAH (around 260 million USD) to the state enterprise. If the Constitutional Court decides in favor of Kolomoisky’s company, we will lose this money,” explained the lawyer Elena Scherban.
It is also known that in 2017-2018 NABU canceled several of Zaporizhia Ferroalloy Plant contracts by using the same procedure. Therefore, Kolomoisky’s plant will have to return to the state enterprise Zaporozhyeoblenergo a debt of 164.9 million UAH (around 6 million USD).