The State Financial Inspection has finished checking the state enterprise Volynugol. For less than 3 years the company management embezzled 45.8 million UAH. Their violations accounted for over 7 million UAH, while the non-received profit totaled 38.7 million UAH.

In Q1 Volynugol sold coal to the state without certificates of acceptance. Thus the company didn’t receive 34.7 million UAH. In particular, Volynugol was selling coal at 540 UAH per ton with it’s real cost of 760 UAH.

Moreover, at Buzhanskay mine 4452 tons of coal belonging to SAM-motors were lost. The court ordered the state enterprise to return this coal. Employees received 1.56 million UAH of excessive salary. (Ukrainian metal)

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