Separately, there is an investigation into suspicions of possible fund transfers abroad.
The company UkrArmoTech is suspected of supplying low-quality equipment, inflating the cost of components, and transferring funds abroad, writes the Ukrainian website korrespondent.net.
The Shevchenkivskyi District Court of Kyiv, as part of a criminal proceeding, has arrested the bank accounts of the company UkrArmoTech, which supplied armored vehicles and components to the Armed Forces of Ukraine. This is stated in the materials published in the Unified State Register of Court Decisions.
According to the publication Mind, the company's assets worth 2.1 billion hryvnias (40,725,888 euros) have been seized due to suspicions of supplying low-quality electronic warfare systems for military equipment and possible fund transfers through foreign schemes. Currently, the investigation is examining contracts for the supply of GYURZA/TISA armored vehicles with installed MOROK-5 electronic warfare systems produced by Tactical Technology. During tests, these systems allegedly proved ineffective against FPV drones and unsuitable for combat conditions. Despite this, the equipment continued to be delivered to military units.
The investigation is also looking into information regarding the possible inflation of the cost of imported chassis for armored vehicles. Media reports indicate that automotive platforms from the UAE, USA, and China were purchased through Czech intermediary companies, and prices may have been inflated by 15-230%.
Separately, there is an investigation into suspicions of possible fund transfers abroad. In particular, according to Mind, this involves the withdrawal of more than $14 million through accounts in the Czech Republic and the use of part of the funds for personal purchases, including parts for a Ferrari.
Currently, no official charges have been filed, and these remain a version of the investigation.
The armored vehicles with the specified electronic warfare systems were manufactured under orders from the Defense Procurement Agency, the State Border Guard Service, the National Guard, and the National Police.
A criminal proceeding has been opened on the grounds of crimes provided for by the articles of the Criminal Code concerning obstruction of the lawful activities of the Armed Forces of Ukraine and other military formations (part 1 of article 114-1) and the appropriation of someone else's property by abuse of office on a particularly large scale (part 5 of article 191).
It should be noted that earlier it was reported that law enforcement uncovered an organized group suspected of embezzling more than 5.6 million hryvnias of budget funds allocated for the purchase of electronic warfare stations for the Armed Forces of Ukraine.
