As reported by Censor.NET citing UNIAN, the SBU said that representatives of a foreign company are building a modern plant designed to produce aircraft engines, where they plan to transfer Ukrainian production capacity and technology. To this end, contrary to Ukrainian legislation, foreigners indirectly amassed a controlling stake in Motor Sich, now registered on six offshore companies and an individual.
"The SBU operatives in conjubction with the State Finance Monitoring Service of Ukraine found that the controlling stake in the strategic Motor Sich PJSC was sold to individuals and companies (non-residents) in amounts not exceeding 10 percent. This raised suspicions that the persons of interest tried to conceal real beneficiaries - buyers of shares. The representatives of the non-resident company intend to illegally concentrate the acquired stake, which ensures they get over 50% of the votes in the company's supreme governing body and gain full control over its activities in the field of military defense orders, which is confirmed by evidence collected," the law enforcement agency said.
It is noteworthy that 56 percent of the Motor Sich shares was seized under a court warrant back in 2017.
On April 23, 2018, the SBU operatives carried out authorized searches at Motor Sich premises and homes of a number of suspects to collect additional evidence in criminal proceedings. The pre-trial investigation is underway. The SBU did not specify nationals of which foreign country were involved.