Story perspectives

Former Ukrenergo CEO Arrested for Fraud and Money Laundering

10/29/2025

45 5

Summary

Story summary

On October 28, 2024, Ukraine's State Bureau of Investigation detained Volodymyr Kudrytskyi, former Ukrenergo CEO, on fraud and money laundering charges tied to a 2018 scheme.
The scheme allegedly inflated contracts for energy infrastructure reconstruction, and Ihor Hrynkevych is implicated as organizer.
Kudrytskyi was dismissed in 2024 for alleged failures to protect energy infrastructure.
The investigation remains ongoing and could lead to prison sentences.

1 of 1

Story summary

On October 28, 2024, Ukraine's State Bureau of Investigation detained Volodymyr Kudrytskyi, former Ukrenergo CEO, on fraud and money laundering charges tied to a 2018 scheme.
The scheme allegedly inflated contracts for energy infrastructure reconstruction, and Ihor Hrynkevych is implicated as organizer.
Kudrytskyi was dismissed in 2024 for alleged failures to protect energy infrastructure.
The investigation remains ongoing and could lead to prison sentences.