Ukraine suspects lawmaker of first-ever cryptocurrency bribe

Ukraine suspects lawmaker of first-ever cryptocurrency bribe
Ukraine suspects lawmaker of first-ever cryptocurrency bribe

Hello and welcome to the details of Ukraine suspects lawmaker of first-ever cryptocurrency bribe and now with the details

Nevin Al Sukari - Sana'a - The National Anti-Corruption Bureau of Ukraine (NABU) said the lawmaker, a member of parliament's anti-corruption committee, is believed to have offered the equivalent of US$50,000 (RM232,360) in bitcoin in exchange for state funds to rebuild infrastructure under his control. — Reuters pic

KYIV, Nov 21 — Ukrainian investigators suspect a lawmaker of trying to bribe the head of a government reconstruction agency in the country's first-ever documented cryptocurrency kickback, authorities said today.

The National Anti-Corruption Bureau of Ukraine (NABU) said the lawmaker, a member of parliament's anti-corruption committee, is believed to have offered the equivalent of US$50,000 (RM232,360) in bitcoin in exchange for state funds to rebuild infrastructure under his control.

The bureau did not name the official, who was served by prosecutors with an official notice of suspicion.

The head of Ukraine's State Agency for Restoration and Infrastructure Development reported the bribe to authorities after receiving the first US$10,000 tranche, NABU said.

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"This is the first illegal benefit in cryptocurrency in the history of (Ukraine's) anti-corruption institutions that has been documented," the agency said in a statement.

Ukraine has stepped up efforts to stamp out corruption as it pursues membership of the European Union, which has made the fight against graft a key condition for negotiations to begin.

In an interview with Reuters earlier this year, NABU chief Semen Kryvonos said his agency would prioritise fighting wartime crimes in strategic sectors like defence and reconstruction.

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Today, investigators announced they suspected two high-ranking cyber security officials of embezzlement.

In a statement on , the state reconstruction agency said zero tolerance of graft was "a key principle" of its work.

"Our cooperation with law enforcement and anti-corruption agencies was and will be systemic," it said. — Reuters

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