Ukraine: Head of United Mining and Chemical Company dismissed on suspicion of titanium ore supply fraud
الملخص
Date Reported: 15 فبراير 2023
الموقع: أوكرانيا
الشركات
PJSC United Mining and Chemical Company (UMCC Titanium) - Parent Companyالمشاريع
Irshansky mining and processing plant - Operationالفئة المتأثرة
Total individuals affected: Number unknown
Public: ( Number unknown - أوكرانيا , المناجم , Gender not reported )القضايا
Corruption , Lawsuits & regulatory actionالرد
Response sought: لا
نوع المصدر: News outlet
[Summary translation prepared by Business & Human Rights Resource Centre]
Head of United Mining and Chemical Company dismissed, suspected of titanium ore supply fraud - State Property Fund, 15 February 23
The State Property Fund (SPF) dismissed Vladyslav Itkin, acting chairman of the board of United Mining and Chemical Company, which has been given control of Vilnohirsk Mining and Metallurgical Plant (VGMK, Dnipro region) and Irshansk Mining and Processing Plant (IGOK, Zhytomyr region).
Under Itkin's leadership, there were alleged losses of products worth millions of dollars and questionable contracts with intermediaries.
According to the SPF's press release, this decision was made on the basis of a recent thorough internal financial and economic audit of the company.