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Ukrzaliznytsya terminates the agreement with UkrLeasing in the amount of UAH 1bn

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The State Administration of Railway Transport of Ukraine Ukrzaliznytsya has decided to dissolve the agreement with UkrLeasing in the amount of UAH 1 bn (US $80 mn), said Head of the Legal Department of UkrZaliznytsya Oleh Titov.

The press service of UkrZaliznytsya specified that the administration is terminating the agreements with the companies through which their previous chief executives “plundered public funds which totaled billions of hryvnia”.

As a reminder, from October 13 to October 17, the Security Service of Ukraine and Prosecutor General’s Office conducted 19 searches in the State Administration of Railway Transport of Ukraine UkrZaliznytsya and withdrew over UAH 7 mn (US $540,000) and US $1 mn. The money laundering syndicate operated in the company, specified Head of the Security Service Valentyn Nalyvaichenko.

Source: RBC-Ukraine
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