Former radical deputy found himself in the dock: "deceived" the bank for 160 million hryvnias

Former radical deputy found himself in the dock: "deceived" the bank for 160 million hryvnias

Serhiy Skuratovskyi orchestrated a grand scheme to evade repaying a debt to a financial institution.

Law enforcement has referred the case of a former deputy developer to court. He is accused of embezzling over 160 million hryvnias from a bank.

This pertains to a former deputy from the Radical Party, Serhiy Skuratovskyi.

According to the investigation, in 2012 the future member of parliament (at that time a deputy of the Kyiv Regional Council), who effectively owned several companies, began the construction of a multi-apartment residential complex on the outskirts of Kyiv. To do this, he took out a loan of over 200 million hryvnias secured against the future residential complex and the plots of land on which it was located.

According to the "black bookkeeping," the companies controlled by the deputy, which were carrying out the construction, received revenue from real estate sales amounting to over 1 billion hryvnias over a certain period.

After some time, the bank where the former deputy took the loan was declared insolvent. To avoid repaying the debt and have the opportunity to sell the apartments and continue construction, the deputy and his assistant organized a scheme.

With the help of officials from the SSU, ARMA, and the state enterprise "SETAM," the rights to the loan were put up for auction, where they were bought by a pre-selected company for an undervalued price of 160 million hryvnias, paying only 16.5 million hryvnias. Becoming the new holder of the claim rights, the company controlled by the deputy canceled all mortgages on the real estate and all encumbrances under surety agreements, then resold these rights to another LLC linked to the ex-deputy.

According to law enforcement, the deputy financed this entire scheme and directed its participants. The bank suffered damage of over 160 million hryvnias.

The actions of the participants are qualified under the articles of the Criminal Code related to embezzlement of property, document forgery, abuse of power, and obtaining unlawful benefits (Part 5, Article 191, Parts 3, 4, Article 358, Part 1, Article 366-2, Part 3, Article 368, Part 3, Article 369).