Germany and Italy extradited to Ukraine a former MP and an official suspected of multi-million economic crimes - Prosecutor General

Germany and Italy this week, at the request of the Prosecutor General's Office, handed over to Ukraine two individuals who had been trying to evade responsibility for multi-million dollar economic crimes for years. Among them is a former people's deputy of Ukraine of the VIII convocation. This was reported by the Prosecutor General of Ukraine Ruslan Kravchenko, reports UNN.

You cannot hide from Ukrainian justice abroad. Just this week, at the request of the Prosecutor General's Office, Germany and Italy handed over to Ukraine two individuals who had been trying to evade responsibility for multi-million dollar economic crimes for years.

Details

According to the Prosecutor General, a former people's deputy of Ukraine of the VIII convocation was extradited from Germany. He is accused of aiding in stock market manipulation and the legalization of almost 20 million hryvnias.

According to the investigation, back in 2017, with his participation, 71 cyclical transactions with domestic government bonds were conducted through brokerage companies. These agreements had a predetermined outcome and only created the appearance of legitimate investment income. In this way, 19.8 million hryvnias obtained through criminal means were legalized. The indictment is already being considered by the court.

And although the Prosecutor General did not specify the name of the people's deputy, UNN learned that it is about Ruslan Demchak.

NABU puts former MP Demchak on the wanted list17.04.24, 17:06 • 15577 views

A former head of the financial department of an enterprise was extradited from Italy.

For us, this is a fundamental result, because since 2022 this is only the third extradition agreed upon by the Italian side. Behind each such transfer is lengthy legal work, professional negotiations, and effective interaction with the competent authorities of Italy. The investigation suspects the official of embezzling the enterprise's and its shareholder's funds, as well as using forged documents to obtain a loan from a foreign bank. The total amount of damages caused is almost 944 thousand US dollars.

According to him, today both are already in Ukraine. One will stand trial, while the pre-trial investigation continues regarding the other.

This is not a coincidence or an isolated success. This is the result of the systematic work of the Prosecutor General's Office, Ukrainian law enforcement officers, and our international partners. International search, legal assistance, and extradition are effective mechanisms when they are supported by professional work, persistence, and trust between states. We are consistently returning to Ukraine those who believe that the border can become a shield from responsibility. I want everyone who, after committing a crime, plans to wait it out outside of Ukraine to hear this: your location does not cancel the effect of the law. You will be found, returned, and you will answer before a Ukrainian court. I thank the competent authorities of Germany and Italy for their professional cooperation and trust.