The National Anti-Corruption Bureau of Ukraine (NABU) has summoned attorney Andriy Dovbenko—alleged organizer of a large-scale scheme to undervalue assets seized by ARMA—for procedural actions. Oleksiy Koronskyi, co-owner of the «Bud-VVV» company, has also been called to appear. The official summonses were published on the anti-corruption agency’s website.
According to the official document, Dovbenko is required to appear before detectives as a suspect on May 1, 2025, at 11:00 AM. The lawyer, who was previously placed on the wanted list and notified of suspicion in absentia due to his unknown location, faces charges of organizing the embezzlement of assets and abuse of power.
Investigators allege that Dovbenko is the primary figure in a scheme involving the illegal alienation of property transferred to the National Asset Recovery and Management Agency (ARMA). The actions of the organizers and their accomplices resulted in state losses exceeding 485 million UAH.
«In accordance with the requirements of Articles 133 and 135 of the CPC of Ukraine, as a suspect, you are required to appear on May 1, 2025, at 11:00 AM at the National Anti-Corruption Bureau of Ukraine to participate in procedural actions within the criminal proceedings,» the NABU document states.
According to NABU and SAP prosecutors, members of the criminal network established a structured asset-misappropriation mechanism in 2019. The scheme operated through several key phases:
Asset Transfer: Seized property was transferred to ARMA under the guise of executing court decisions.
Artificial Devaluation: ARMA officials fabricated justifications claiming the assets were difficult to manage or prone to rapid spoilage.
Depreciated Valuation: An affiliated valuation firm appraised the property at a fraction of its true market value.
Rigged Auctions: Representatives of the state enterprise «SETAM» manipulated electronic auctions to ensure pre-selected private companies won the bids.
Law enforcement agencies have secured evidence covering at least four separate instances of this illegal operation. Former ARMA head Anton Yanchuk was previously notified of suspicion in connection with the same asset manipulation investigation.