Bail of 30 million has been posted for Valentyn Reznichenko

In the case of large-scale abuses in the construction and repair of roads in the Dnipropetrovsk region, bail in the amount of 30 million hryvnias has been posted for the former head of the Dnipropetrovsk Regional Military Administration, Valentyn Reznichenko. This was reported by the spokeswoman of the High Anti-Corruption Court Olesya Chemerys and the representative of the Specialized Anti-Corruption Prosecutor's Office Olha Postoliuk in a comment for Ukrainska Pravda.

The trial of Reznichenko continues with the discussion of a preventive measure. Although prosecutors insisted on arrest with the possibility of posting bail of 40 million hryvnias, the court decided to set it at 30 million. The SAPO is currently considering the possibility of appealing this decision.

Recall that on September 16, the Supreme Anti-Corruption Court decided to choose a preventive measure for Reznichenko. In addition to bail, he was also assigned a number of obligations that limit his movement and activities during the investigation.

The National Anti-Corruption Bureau of Ukraine (NABU) and the Specialized Anti-Corruption Prosecutor's Office (SAP) have exposed a large-scale corruption scheme in the field of road repair and construction in the Dnipropetrovsk region, in which Valentyn Reznichenko played a key role. According to the investigation, the state budget suffered losses of over 286 million hryvnias as a result of the abuses.

The main defendants in the case, in addition to Reznichenko, are his former deputy Andriy Kolomoyets and the head of the housing and communal services department of the Dnipropetrovsk regional administration. Together, they increased the funding for road works between March and September 2022, directing significant amounts to the company Budinvest Engineering, which received 65% of the total funding for roads in 2022.

The investigation suggests that a significant portion of the funds transferred to Budinvest Engineering were transferred to fictitious companies linked to the leaders of the Dnipropetrovsk Regional Administrative Organization. This allowed the participants in the scheme to embezzle hundreds of millions of hryvnias from the state budget, which should have been used to improve the region's infrastructure.

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