"A contract for the supply of energy through PERLISIO Cypriot Value Added Reseller Company was signed Dec. 19, 2014. There you can see the signature of Heorhii Kasich, former acting director of the Ukrenergo National Energy Company, who was appointed on the recommendation of Grigorishyn. PERLISIO is registered at the same address with other Grigorishyn's offshore companies. Lastly, he confirmed that he himself was a party to the negotiations on imports," he wrote.
"As a result, PERLISIO was supposed to deliver 11.088 billion kWh of energy to Ukraine. The purchase price [of energy] in Russia was about 0.68 hryvnia (about $0.0302). Its selling price in Ukraine was 0.86 hryvnia (about $0.0382). That means that a margin of almost 2 billion hryvnia (up to $89 million) should have been deposited on the Russian accounts of Cypriot VAR PERLISIO. You can find copies of relevant signed documents below. In fact, a clone of Rosukrenergo was created in the electricity market. Perhaps that is the way Mr. Grigorishyn sees building of a strong economy of Ukraine," Herus noted.
In addition, Herus listed Grigorishyn's attempts to steamroll large-scale decisions on his own account that had signs of corruption.
"1. Supply of transformers for Poltavaoblenergo with 60 million hryvnia (up to $2.7 million) margin - denied. 2. Imports of electricity through PERLISIO with 2 billion hryvnia (up to $89 million) margin - denied. 3. Supply of transformers for Ukrenergo with 2.5 billion hryvnia (over $111 million) margin - the amount of the contract reduced, delivery put out to tender. 4. The contract with ZTR on service of Ukrenergo transformers with 500 million hryvnia (over $22.222 million) margin (withdrawn due to public outcry). 5. Supply of transformers for Energoatom with 2 billion hryvnia (up to $89 million) margin (withdrawn due to public outcry). The total margin is 7 billion hryvnia (over $311 million). Ukraine has saved impressive amount of money. There are supporting documents on each of these items. There is also stimulating distribution rate setting for regional power companies, which will provide them with an additional 12 billion hryvnia (over $533 million) yearly profit. It requires a separate analysis," he stressed.
"This situation was making Grigorishyn sweat. People recommended by him were appointed on many key positions, but he failed to implement his "projects" nevertheless. That's why there is so much criticism and hysteria in his interviews. You can make your own conclusions on how sincere his words of patriotism in the interviews were," Herus summed up.