Based on materials from the Bureau of Economic Security, a sanctioned Russian oligarch, Shelkov, will face trial.

The detectives of the Bureau of Economic Security of Ukraine have submitted an indictment to the court against a sanctioned Russian oligarch. Among other charges, he is accused of tax evasion and money laundering of assets obtained through criminal means.

This was reported by the press service of the Bureau.

According to the materials of the criminal proceedings, an organized crime group led by the Russian oligarch secretly supplied products from a Ukrainian plant to enterprises in the Russian Federation through an Austrian company, totaling nearly 90 million UAH.

Law enforcement officials claim that these enterprises are directly involved in the production of weapons for the needs of the Russian Ministry of Defense, as well as in supporting the defense industry's requirements and creating strategic reserves for the aggressor country.

Under the contracts, titanium-containing concentrates were supplied to a company registered in Austria, although they were immediately shipped to Russian enterprises, as stated in the report. At the same time, the products were exported at undervalued prices.

Previously, through the efforts of the Bureau, the Office of the Prosecutor General, and the Ministry of Justice, the High Anti-Corruption Court's Appeals Chamber ruled to confiscate this property and assets for state revenue. Currently, the plant is owned by Ukraine.

By decisions of the National Security and Defense Council, enacted by presidential decrees of Ukraine, a series of personal special economic and other restrictive measures have been applied against the Russian oligarch and related legal entities, as reported by the agency's press service.

Reference. In 2020–2021, Shelkov organized the supply of titanium concentrates worth nearly 90 million UAH to companies that manufactured weapons for the Russian army. To conceal this, they devised a complex scheme: titanium concentrates were formally sent to an Austrian company but were actually immediately redirected to the Russian Federation. The Russian enterprises paid the full price to the accounts of the Austrian company, which then transferred the money to the Ukrainian side at undervalued prices. This resulted in a loss of profit and nearly 18.5 million UAH in unpaid taxes in Ukraine. Shelkov has been charged with several criminal offenses, including financing actions against the state, tax evasion, and money laundering. Similar charges have also been brought against the former director of the Demurinsky Mining and Processing Plant.

Background. Earlier, Mind reported that the detectives of the Bureau notified a native of Russia of suspicion of financing actions aimed at forcibly altering the borders and state border of Ukraine, tax evasion, and money laundering of assets obtained through criminal means.