Minister of Internal Affairs of Ukraine Arsen Avakov wrote in his blog on Censor.NET.
According to the minister, the case into OSTSHEM Group owned by Dmytro Firtash is being investigated under Part 5 of the Article 191 of the Criminal Procedure Code of Ukraine with regard to the infliction of damage in the amount of 5.742 billion hryvnia to the state (over $717 million). The investigation is also underway against officials of the Cabinet, the former management of Naftohaz of Ukraine NJSC and RosUkrEnergo AG owned by Dmytro Firtash, who are suspected of entering the criminal conspiracy and causing damage to Ukraine by transferring ownership of 11 billion cubic meters of gas and 1.1 billion cubic meters of gas from the state-owned company to RosUkrEnergo AG as penalties.
According to Avakov, Firtash is reasonably suspected of arranging the National Bank's loan to refinance Nadra Bank under his personal guarantee of up to 5 billion hryvnia. He did not use these funds to stabilize the situation but on the contrary siphoned them off to the accounts of the companies associated with him.
Avakov also said that Nadra Bank had not returned the refinancing loan to the NBU as a result of these actions and Firtash made no payments under his guarantee. Thus, direct losses were inflicted to the National Bank of Ukraine. These actions led to bank's insolvency and the loss of savings by tens of thousands of Ukrainian citizens.
"The Interior Ministry and the National Police of Ukraine agreed with the FBI to involve its experts in the investigation since a number of questionable financial transactions were carried out through U.S. banks," Avakov said.
According to him, Firtash and his associates are suspected of committing crimes punished by Part 5 of the Article 191 (misappropriation of property by abusing official position) of the Criminal Code of Ukraine. The article provides for imprisonment of up to 12 years.
Earlier, Avakov said that Firtash would be arrested upon arrival in Ukraine at the request of the U.S. Department of Justice.