Varto
Хочете будувати кар’єру в Data Science та AI? Vodafone Big Data Lab відкриває новий набір —>

Vyriy Industries returned funds seized during searches. Court refuses SBI request to seize company's cash

On July 22, the Pechersky District Court of Kyiv refused the State Bureau of Investigation to seize funds seized during searches of the Vyriy Industries company.

Leave a comment
Vyriy Industries returned funds seized during searches. Court refuses SBI request to seize company's cash

On July 22, the Pechersky District Court of Kyiv refused the State Bureau of Investigation to seize funds seized during searches of the Vyriy Industries company.

Thus, as reported by the Vyriy Industries press service, the companies returned more than UAH 32 million after the decision entered into legal force.

During the trial, the company’s lawyers submitted written objections to the seizure, as well as documents regarding the purpose of the seized funds, in particular for paying salaries to employees.

Following the review, the court concluded that these funds were not relevant to the criminal proceedings and refused to seize them. After the decision entered into force, the funds were returned to the company.

«We have not changed our assessment of the events of the first day. But we also see that in the future law enforcement agencies began to act within the law. For me, this is a very important signal. This means that civil society is working in Ukraine: when people openly talk about the problem, the state is ready to hear and correct its actions. This is what distinguishes us from Russia. I am grateful to everyone who supported us these days, and I hope that further consideration of the case will also take place exclusively within the legal framework,» commented the situation CEO of Vyriy Industries Oleksiy Babenko.

As a reminder, during searches on July 7, law enforcement officers seized over UAH 32 million, intended, in particular, for paying salaries to the company’s employees. Vyriy Industries provided the court with relevant documents to confirm their origin and purpose.

Despite the seizure of funds, searches, and subsequent legal proceedings, the company did not stop its operations.

As is known, the Pechersky District Court of Kyiv previously postponed consideration of a motion to seize property and funds seized during searches at the drone manufacturer Vyriy Industries and its partners.

According to representatives of the Ukrainian defense industry, the Vyriy Industries case may become a point of no return for Ukrainian DefenseTech.

Read the country's main IT news in our Telegram
Read the country’s main IT news in our Telegram
On the topic
Read the country’s main IT news in our Telegram
The main working version is “Someone screwed up.” Vyriy founder Oleksiy Babenko told why the company was searched and how he was almost killed by an Iskander
The main working version is «Someone screwed up.» Vyriy founder Oleksiy Babenko told why the company was searched and how he was almost killed by an Iskander
On the topic
The main working version is «Someone screwed up.» Vyriy founder Oleksiy Babenko told why the company was searched and how he was almost killed by an Iskander
The State Bureau of Investigation announced an investigation into the purchase of drones worth almost UAH 7 billion. Law enforcement officers conducted searches at VYRIY Industries the day before
The State Bureau of Investigation announced an investigation into the purchase of drones worth almost UAH 7 billion. Law enforcement officers conducted searches at VYRIY Industries the day before
On the topic
The State Bureau of Investigation announced an investigation into the purchase of drones worth almost UAH 7 billion. Law enforcement officers conducted searches at VYRIY Industries the day before
Drone manufacturer VYRIY Industries is being searched. The company has announced its cooperation with the investigation.
Drone manufacturer VYRIY Industries is being searched. The company has announced its cooperation with the investigation.
On the topic
Drone manufacturer VYRIY Industries is being searched. The company has announced its cooperation with the investigation.

Have important news to share? Message our Telegram bot

Key events and useful links in our Telegram channel

Discussion
No comments yet.