Particle.news

Ukraine Charges Ex-Energy Minister After Border Detention in $100 Million ‘Midas’ Probe

Anti-corruption prosecutors accuse Herman Halushchenko of laundering kickbacks through offshore structures, prompting expanded cross-border asset tracing.

Overview

  • NABU detained the former energy minister at a state border checkpoint on Feb. 15 as part of Operation Midas.
  • SAPO and NABU formally charged him with money laundering and participation in a criminal organization.
  • Investigators say about $100–112 million was siphoned from Energoatom contracts via an Anguilla fund, Marshall Islands companies, and a trust in Saint Kitts and Nevis.
  • Authorities report more than $7.4 million reached accounts managed for his family, with additional cash and transfers in Switzerland used in part for children’s schooling.
  • Anti-graft agencies cite evidence gathered with partners in over a dozen countries, and they say investigative actions and asset-recovery efforts continue.