Court orders Naftogaz executive arrest for embezzling funds, sets bail at UAH 80 mln

Court orders Naftogaz executive arrest for embezzling funds, sets bail at UAH 80 mlnKyiv's Solomiansky District Court has ordered pretrial confinement for Serhiy Perelom, deputy head of NJSC Naftogaz and chairman of the advisory board of Odesa Portside Chemical Plant, setting bail at UAH 80 million. Perelom has appealed the ruling, saying he does not have enough money to make bail.

According to Interfax-Ukraine, the investigating judge made the ruling on Sunday morning during a court hearing. The decision partially satisfied the requests of prosecutors from the Special Anti-Corruption Prosecutor's office (SAP) and the National Anti-Corruption Bureau of Ukraine (NABU).

The court remanded Perelom to 60 days pretrial confinement, setting bail at UAH 80,001,000. SAP and NABU had requested bail in the amount of UAH 205 million.

Read also: Ukrainian PGO, SBU caught State Labor Service high official on bribe

Perelom said after the hearing that he did not have enough money to post bail and had no way to raise the amount. "We hope the ruling will be overturned on appeal," he said.

SAP deputy head Volodymyr Kryvenko told journalists that the UAH 80 million bail was too little and that he would appeal the decision on Monday.

SAP head Nazar Kholodnytsky on July 14 announced that Perelom and OPCP deputy head Mykola Schurykov had been detained for allegedly embezzling funds from the OPCP by purchasing UAH 250 million worth of natural gas at inflated prices.
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