Ukraine police find 42 kg of gold in home of ex-energy minister

KIEV, (Reuters) – Ukrainian police have seized 42 kilograms of gold and $4.8 million in cash during a search of the apartments of Ukraine’s former Energy Minister Eduard Stavytsky, Interior Minister Arsen Avakov said on Saturday.

Avakov said the searches had been conducted in connection with a corruption investigation in the energy sector.

“It blew my mind when I received a report on the results this morning. How much would one have to steal, to have such a ‘trifle’ at home as pocket money,” Avakov said in a post on Facebook.

Stavytsky’s career blossomed under the presidency of ousted Viktor Yanukovich and was appointed energy minister in December 2012.

Ukrainian media describe Stavytsky as a member of Yanukovich’s inner circle. He could not be reached for comment.

Ukrainian police on Friday detained another energy official – the chief executive of state energy company Naftogaz, Yevhen Bakulin, as part of the investigation into corruption that it says may have cost the Ukrainian state about $4 billion.

Naftogaz is responsible for the import and distribution of Russian natural gas in Ukraine. It also holds a monopoly on the shipment of gas from Russia’s Gazprom via Ukraine to Europe.

More in World News

Comments

About these comments

The comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit or delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity.

Get the day's headlines from SN in your inbox every morning:

Most Read This Week

  1. The medical school sign on the Buddy’s building

    Buddy’s Pool Hall, Night Club closed after business falls

  2. Barry Dataram

    Who is to blame for Dataram escape?

  3. Lakeram Kewlachand

    Gangaram man takes his own life

  4. Colin Rodney

    Cop charged with taking bribes

  5. Citizens fleeing country due to crime, IAC says

  6. The Rio Inn at Forshaw and Oronoque Streets

    Teen shot dead outside Rio nightclub

  7. Courtenay Griffith’s home in Lodge that is earmarked to be demolished.

    City to tear down 52 derelict buildings

  8. The bus in the trench along Homestretch Avenue.

    Bus ends up in Homestretch trench

  9. Barry Dataram

    Absent Barry Dataram found guilty of drug trafficking


Recommended For You