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Ukraine's Former Energy Minister Named Suspect
German Galushchenko was Ukraine's former energy minister. He was detained by law enforcement trying to leave Ukraine.
Then he was formally named a suspect in a money laundering check. Prosecutors say his family received millions of dollars in foreign accounts.
Galushchenko is accused of embezzling millions with criminals. The money was meant for building defences.
This case is part of a broader corruption scandal. It involves Ukraine's energy sector.
Klear Note — Ukraine's energy sector has faced major corruption scandals. Money laundering means hiding illegal money to make it look legal.
Key Terms 2
- embezzling
- stealing money that you are trusted to manage
- money laundering
- hiding stolen money to make it look legal