Artem Shilo entered into a plea agreement with investigators in the case involving embezzlement at Ukrzaliznytsia

The High Anti-Corruption Court continues to hear the case involving the misappropriation of funds from “Ukrzaliznytsia” concerning Artem Shil, a former adviser to the Office of the President and former head of a department at the Security Service of Ukraine (SBU).

This was reported by a UA.NEWS correspondent from the courtroom.

A prosecutor from the Specialized Anti-Corruption Prosecutor’s Office (SAPO) stated that agreements had already been reached on plea bargains with Artem Shil and Konstantin Melnik (the other defendant) and requested that Shil’s case be separated into a separate proceeding. The court agreed. 

Next, the High Anti-Corruption Court (VAKS) must approve the plea agreement, the details of which are not yet known.

According to the investigation, during 2021–2022, an organized group led by Shil embezzled funds from “Ukrzaliznytsia” during the procurement of cables (resulting in losses of 140 million UAH) and transformers (resulting in losses of 100 million hryvnias) at inflated prices.

According to the investigation, Shilo was the leader of the organized group and also laundered over 175 million hryvnias obtained from criminal schemes, spending the money on the purchase of luxury real estate.

As a reminder, Shilo’s partner may be the organizer of the arms exhibition that was attacked by the Russians. 

Artem Shilo is implicated in a case involving a 15-million-hryvnia procurement scheme at Ukrzaliznytsia.