X Close

World

Published: Saturday March 22, 2014 MYT 10:25:02 PM
Updated: Saturday March 22, 2014 MYT 10:26:14 PM

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 (2.9 million pounds) 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.

(Reporting by Pavel Polityuk; Editing by Alessandra Prentice and Andrew Roche)

advertisement

  1. Islamic State video purports to show beheading of U.S. journalist
  2. Anger over drinking water with faecal bacteria goes viral
  3. A black Friday for Malaysians
  4. Selangor MB crisis: Azmin's name proposed after Sultan-Hadi meeting
  5. MRT Corp CEO quits over fatal incident at construction site
  6. Armoured vehicle overturns, two soldiers killed
  7. Respect current leadership, Zahid tells Dr Mahathir
  8. Bacteria in your drinking water
  9. To wear scarf or not to wear scarf
  10. Pupil forced to perform oral sex

advertisement

advertisement