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Ukraine Detains Five, Names Seven Suspects in $100 Million Energoatom Kickback Case

Prosecutors say Operation Midas documented kickbacks at Energoatom, identifying businessman Tymur Mindich as an alleged organizer.

Overview

  • Anti-graft bodies NABU and SAPO carried out more than 70 searches in the probe, built over 15 months with roughly 1,000 hours of recordings.
  • Investigators allege contractors were coerced to pay 10–15% of contract values, with threats to block payments or strip supplier status under wartime rules.
  • NABU says about $100 million was funneled through a central Kyiv “back office,” and four alleged launderers are among those notified of suspicion.
  • Prosecutors named Tymur Mindich during court proceedings; NABU says he left Ukraine before searches as investigators seek court measures for suspects.
  • Energoatom confirmed cooperation and its supervisory board launched an independent review and audits, while Justice Minister Herman Galushchenko was subject to investigative actions.