As part of the investigation into the so-called "Midas" case, the former Minister of Energy of 2021–2025 was informed of suspicion. The National Anti-Corruption Bureau of Ukraine announced this, specifying that the circle of suspects in the case of money laundering and participation in a criminal organization has been expanded.
According to the investigation, in February 2021, an investment fund was registered on the island of Anguilla, a self-governing overseas territory of the United Kingdom, at the initiative of members of a criminal organization exposed in November 2025. Its declared goal was to raise about $100 million.
As noted by NABU, the fund was headed by a longtime acquaintance of the defendants in the case - a citizen of the Seychelles and Saint Kitts and Nevis, who, according to the investigation, provided services for the legalization of proceeds from crime on a professional basis.
The suspect's family was among the so-called "investors" of the fund. To conceal his involvement, two companies were created in the Marshall Islands, integrated into the structure of a trust registered in St. Kitts and Nevis. The beneficiaries of the companies were the high-ranking official's ex-wife and four children.
According to the investigation, these companies purchased shares of the fund, and members of the criminal organization transferred funds to the fund's accounts opened in three Swiss banks in the interests of the suspect.
Materials received in Ukraine and within the framework of international legal assistance from competent authorities of a number of states indicate that during the official's tenure in office, a criminal organization received over $112 million in cash from illegal activities in the energy sector through a proxy nicknamed "Rocket.".
The investigation believes that these funds were legalized through various financial instruments, including cryptocurrency transactions and investments in the aforementioned fund.
It has now been established that over $7.4 million was transferred to the fund accounts managed by the suspect's family. Another over 1.3 million Swiss francs and 2.4 million euros were issued in cash or transferred directly to the family in Switzerland.
According to the Bureau, part of the money was spent on paying for the children's education at prestigious Swiss institutions, and was also placed in the accounts of his ex-wife. The rest was deposited, which allowed the family to receive additional income.
On February 15, 2026, while attempting to leave the territory of Ukraine, the former high-ranking official was detained by NABU detectives. He was informed of suspicion under Part Two of Article 255 and Part Three of Article 209 of the Criminal Code of Ukraine. The investigation is ongoing, and within the framework of the investigation, the Bureau is cooperating with law enforcement agencies of 15 countries.
