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 Katsuba takes plea bargain, testifies against higher-ranking ring members, - prosecutor general

The court released Naftohaz Ukrainy NJSC ex-Deputy Head Oleksandr Katsuba from jail after he testified against higher-ranking members of his criminal ring.

As reported by Censor.NET, Prosecutor General of Ukraine Yurii Lutsenko said on air of Hard Talk TV show broadcast by ZIK TV channel.

"The younger of Katsuba brothers has served about eight months totally, if I am not mistaken. Having done six or seven months, he agreed to take a plea bargain. He wrote a testimony on his membership in the crime ring on several dozen pages and offered to pay 100 million hryvnia.

"Frankly speaking, I think the amount could have been bigger. It took us a month to scrutinize whether he had got more funds. I want to draw your attention to the fact that the current law cannot be applied to the real estate, but to cash only. That is why he paid 100 million and the court took into account that his statement was very strong. He had indeed testified against higher-ranking ring members, so the bargain was sealed," Lutsenko said.

Read more: Court extends custody for Naftohaz ex-deputy CEO Katsuba until March 17

Oleksandr Katsuba was charged with fraud of 3.4 billion cubic meters of gas worth 12 billion hryvnia owned by Naftohaz of Ukraine.

The Prosecutor's General Office (PGO) detained ex-Deputy Chairman of the Naftohaz Ukrainy National Joint Stock Company and ex-Chairman of Chornomornaftohaz oil and gas company Oleksandr Katsuba on June 17, 2016.

As reported, the Katsuba family is linked to the purchase of two overpriced jack-up rigs (so-called "Boiko platforms") for Chornomornaftogaz in 2011-2012. The brothers were declared crime suspects in September 2015, after which they fled Ukraine. The PGO put Serhii Katsuba and his brother Oleksandr on the international wanted list on Oct. 1, 2015. However, the PGO closed the criminal proceeding and, accordingly, stopped to search for Katsuba brothers on Jan. 5, 2016.

Read more: Lutsenko confirms Yuriev's suicide: "We heard gunshot as we were breaking into house"
 
 
 
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