Fraud and international scandal: what is happening in the Supervisory Board of the State Enterprise "Forests of Ukraine"

The Supervisory Board of the State Enterprise "Forests of Ukraine" has found itself at the epicenter of both a criminal investigation and a potential international scandal. Law enforcement agencies are investigating a possible illegal payment of more than 6 million hryvnias to members of the Board. The corresponding criminal case No. 42025000000001058 has been opened under Part 5 of Article 191 of the Criminal Code of Ukraine, which provides for liability for embezzlement in especially large amounts.

At the same time, the general director of the state-owned enterprise, Yuriy Bolokhovets, is involved in another criminal investigation. Despite this, the Supervisory Board, headed by Oleksiy Kucher, refrains from public comments on the new facts and continues to support the current management of the enterprise.

Public activists sent an official appeal to the members of the Supervisory Board demanding that they urgently convene an extraordinary meeting, make decisions regarding management, and begin a full-fledged forensic audit of the company's activities. The appeal emphasizes that the Board's inaction creates not only reputational but also potential criminal risks for its members on a par with officials who already have procedural status in the case.

However, the Supervisory Board did not provide any response. As a result, activists contacted the diplomatic missions of the countries whose citizens are members of the Board to warn of the possible consequences for their reputation and legal status.

The Supervisory Board includes foreign representatives:
Finland — Janne Harjunpaa
Latvia — Roberts Stripnieks
Canada — Markiyan Vytvytsky

Currently, the situation around "Forests of Ukraine" continues to escalate, and the lack of reaction from the Supervisory Board only increases the risks for both the company and its international partners.

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