You're reading: SBU accuses ArcelorMittal Kryvyi Rih of improper use of investments

The Security Service of Ukraine (SBU) has accused the management of ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) of improper use of Lakshmi Mittal’s investments, acting head of the SBU Ivan Bakanov has said.

“I’m sure that Lakshmi Mittal, who is a powerful international investor, trying to make this investment … didn’t plan to do anything wrong. But the management working at the enterprise neglected their duties. And therefore they should be suffer at least disciplinary sanctions,” Bakanov said during a press briefing in Kyiv.

At the same time, he clarified that, most likely, the matter will not concern administrative responsibility.