The well-known Ukrainian businessman Dmytro Kovalenko, through whom coal from the Russian Federation and the occupied territories has been flowing to Ukraine and the European Union for years, has fled to Monaco and continues his attempts to clear all documents related to his assistance in circumventing Ukrainian and EU sanctions legislation.
For these purposes, Dmytro Kovalenko, who is the ultimate beneficiary of the Swiss company Adelon AG, is bankrupting his own company, Intercoaltrading LLC, through the courts, which was involved in the supply of coal from the “DPR/LPR” under the “interrupted transit” scheme.
Thus, the Commercial Court of Dnipropetrovsk Region in case No. 904/936/23 approved the liquidator's report on the liquidation balance sheet and the closure of proceedings in the bankruptcy case of the Dnipropetrovsk company "Intercoaltrading" (EDRPOU code 37912002).
The plot of the case can be found in the official registers of court documents, where it is stated in particular that “ADELON AG, Baar Swizerland applied to the Commercial Court of Dnipropetrovsk Region with an application to initiate proceedings in the bankruptcy case of the Limited Liability Company “Intercoaltrading” (49000, Dnipro, Glinka St., Building 2, Office 201, Legal Entity Identification Number 37912002)”.
Dmytro Kovalenko's attempts to hide all traces of the activities of Intercoaltrading LLC have their own logic, since the previous director of the company was Vyacheslav Volodymyrovych Melentyev, who is a co-founder of Granova Ukraina LLC - another company from Kovalenko's orbit, which became famous in the ports of the Odessa region and has problems with law enforcement officers.
Before Vyacheslav Melentyev, the director of Intercoaltrading was Roman Serhiyovych Voronov, a Kharkiv lawyer. Also co-founder was Igor Mykolayovych Tebin, who previously held the position of director at Coal Trade LLC and EGT Trading House LLC.
Vitaliy Yevhenovych Shevchenko, who is controlled by him, was elected as the arbitration manager. The proceedings in the case were opened back in April 2023. Kovalenko, through a Swiss company, approved claims for more than 162 million hryvnias. The court recognized additional claims to the tax authority for 2.4 million hryvnias.
The results of the inventory and inquiries to government agencies revealed that the company had no property.
The right of claim was exercised at auctions: 4 lots for a total of 53.34 mln UAH of debts, sold for 69 thousand UAH. The buyer was Kyiv-based LLC "Coke Chemical Enrichment Plant "Voskresenska". This is predictable, because the company is registered in the name of Serhiy Saprykin, a person controlled by Kovalenko. Previously, the company was called "Petropavlevsky Mining and Enrichment Plant".
The tax office received nothing as a result of this bankruptcy. The judge ruled that there were no signs of fictitious or proven bankruptcy, and everything happened due to objective financial difficulties.
At the same time, a lot of data about the trade of Intercoaltrading LLC with the Russians has been preserved on the Internet.
In particular, the website of the company ImportGenius , which is a leader in the field of trade intelligence, has preserved data on hundreds of trade transactions of Dmitry Kovalenko's company, Intercoaltrading LLC, with Russians.
Therefore, Dmytro Kovalenko's desire to liquidate Intercoaltrading LLC and hide his long-standing schemes to circumvent the EU sanctions regime when supplying Russian energy resources to the Ukrainian and European markets is quite understandable.
Details of Dmytro Kovalenko's circumvention of EU sanctions policy and illegal enrichment in our next journalistic investigation.
