In Ukraine, part of Rotterdam+ case on coal price fraud was brought to court

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Ukraine’s National Anti-Corruption Bureau (NABU) and Specialist Anti-Corruption Prosecutor’s Office (SAP) have opened the first part of the Rotterdam+ case, in which six people are accused of causing losses to electricity consumers in excess of UAH 19 billion ($514.4 million). It was reported between 2016 and 2017 with reference to the press service of NABU. TASS.

It has been clarified that the so-called “Rotterdam +” formula was approved in 2016 by the Commission responsible for state regulation of energy and utilities (NKREKU) to calculate the wholesale market price of electricity. It included the cost of transporting coal from the non-existent port of Rotterdam to Ukraine, according to investigators.

In February, NABU and SAP accused The former Minister of Infrastructure and his first deputy are abusing power as the state has suffered more than $30 million in losses.

Before that (NABU) reportedThe former chairman of the Verkhovna Rada committee on Ukraine’s fuel and energy complex said Mykola Martynenko would be prosecuted for corruption and obtaining “unfair advantage”.

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