: Ex-head of Ukraine's investment agency wanted by police – Avakov

18:23 Mar. 25, 2016

Ex-head of Ukraine's investment agency wanted by police – Avakov

The head of the State Agency for Investment and National Projects of Ukraine Vladyslav Kaskiv  at the opening of IT- intercorporate univercity BIONIC University (UNIAN Photo)

Ukrainian Interior Minister Arsen Avakov announces that Vladyslav Kaskiv has been put on the wanted list

According to the minister, the Interior Ministry's Department of Economy Protection together with the Prosecutor General's Office have investigated and gathered proof for consideration in the court one of the many illegal episodes of former head of the State Agency for Investment Vladyslav Kaskiv's activity.

"Kaskiv is on the wanted list. He is charged under Part 5 Article 191, Part 2 Article 366 of the Criminal Code of Ukraine," Avakov wrote on Facebook"It is about misuse of public funds in 2012-2013 – UAH 7.5 million – under a contract concluded by Kaskiv with Gloria LLC for advertising services, as it turned out to be a bogus one," 

Read also Ukrainian journalist whose murder helped precipitate Orange revolution buried in Kyiv

Avakov says that Kaskiv, who has been long time hiding abroad, was put on the wanted list in keeping with a court ruling, and his property has been seized.

"The investigation has other several episodes at a significantly large amount of stolen public funds," Avakov said.

Kaskiv headed the State Agency for Investment from December 2010 to March 2014. At the same time, he has never headed the State Commission for Regulation of Financial Services.

Reporting by UNIAN 

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