The Kyiv Post welcomes feedback about our new website and we stand ready to fix any problems users might encounter in our test phase. Contact us at: or +38-044-591-3344. Thank you!

Share Tweet Pocket Add to Bookmarks
You're reading: Court arrests ex-first deputy head of State Treasury Tetiana Hrytsun

Kyiv Pechersky Court has issued approval for the arrest of former First Deputy Head of the State Treasury of Ukraine Tetiana Hrytsun.

The court satisfied a relevant submission by the prosecutor’s office last week, the Ukrainska Pravda online publication’s Web site reported on Monday.

Hrytsun was detained on July 19 and on July 22 charged under Part 2 of Article 364 of the Criminal Code of Ukraine (abuse of power or official authorities that led to serious consequences). According to investigators, from September 2009 through April 2010 she gave instructions to her subordinates not to transfer UAH 800 million of competition guarantees to bidder companies in a tender for the privatization of the Odesa Port-Side Plant, Nortima Ltd. and to Frunze-Flora, in spite of an order on the return of the funds issued by the State Property Fund.

The court also ruled that sanctions of over UAH 2 million and funds to pay for legal costs are to be returned to Nortima Ltd. and to Frunze-Flora, as well as the UAH 800 million.

Earlier, Konstantin Grigorishin, who controls Frunze-Flora Ltd., said that the State Property Fund was obliged to return UAH 400 to Frunze-Flora which the company paid to bid in a tender to sell OJSC Odesa port-side chemical plant. According to him, Frunze-Flora was informed that there were no funds in the budget and the bid deposit would be returned to the company if the IMF allocated funds and there was money left over.

As reported, the bid deposit was returned only to Azot-Service when the tender was declared a failure on September 29, while another two bidders, Nortima Ltd. and to Frunze-Flora, failed to receive their deposits.

Found a spelling error? Let us know – highlight it and press Ctrl + Enter.


Add comment

Sorry, you must be logged in to post a comment.
More in this section

Add a picture
Choose file
Add a quote

Are you sure you want to delete your comment?


Are you sure you want to delete all user's comments?


Are you sure you want to unapprove user's comment?


Are you sure you want to move to spam user's comment?


Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: