You're reading: PGO explains closing of Tymoshenko property embezzlement case

The Ukrainian Prosecutor General's Office (PGO) on January 17, 2013 ordered the closure of a criminal case on an attempt of the ex-Premiers Yulia Tymoshenko and Pavlo Lazarenko to embezzle property on a large scale - more than Hr 3 billion, according to the press service of the PGO. 

he ruling was made in connection with the fact that during the investigation into this episode investigators received evidence pointing not to the attempt of property embezzlement but the organization of this property embezzlement.

“That is why as Tymoshenko has been presented with the suspicion of organizing property embezzlement (a completed crime, but not an attempt), then the previous characterization of the crime lost its relevance, consequently criminal proceedings on the attempt was closed under the resolution of the senior prosecutor,” reads the statement by the PGO.

According to the judgment, the scanned copy of which was posted on the Web site of the Batkivschyna Party, the matter concerns a criminal case on the embezzlement of budget funds to pay the debts of the Unified Energy Systems of Ukraine (UESU) to the Defense Ministry of the Russian Federation,” reads the report.