The NAB had arrested the acting head of the Board of the mining and chemical company for violations at UAH 300 million

National anti-corruption Bureau (NAB) has exposed corruption scheme in PJSC “United mining and chemical company” (OGHK), caused a damage for the sum over 300 million UAH were detained the acting head of the Board of the company. About it reports a press-service of NABU on his page in Facebook.

“Only the detectives NAB under the procedural guidance of the prosecutors of the Specialised anti-corruption prosecutors detained the acting head of the Board of OGHK which can be involved in the damage of the SOEs (the state – Ed.) for the sum over 300 million UAH”, – stated in the message of NABOO.

Recall, the actual activities of the state “United mining and chemical company” beginning from August 2014, when the Ukrainian government decided to send him to the management of property complex of Volnogorsk mining and smelting (VGMK) and iranskogo mining and processing (IGOK).

GP “OGHK” 8 December 2016 was reorganized into PJSC “OGHK”. As reported, the government in August 2016 related to the OGHK list of companies to be privatized in 2017. According to genestre, acting head of the PAO is Ruslan zhurylo.

The company at the end of 2015, received a net income of UAH 1.9 billion, pre-tax profit was 773 million. Sold 163 thousand tonnes of ilmenite, 49 thousand tons of rutile and 25 thousand tonnes of zircon.

In January-September 2016 the net profit of OGHK increased by 2.8 times compared to the same period in 2015 to 665,9 million.

The company sells products in more than 30 countries. The main markets of sales – EU, China, Turkey, USA and African countries.