Hundreds of Millions of Dollars of Ukrainian Corruption Uncovered

Ukrainian authorities have conducted a series of anti-corruption raids across the country, uncovering stashes of cash as well as luxury watches and cars.

Among those caught up in the investigations is the acting head of the Kyiv tax authority, who was allegedly part of a scheme to overlook 45 billion Ukrainian hryvnia ($1.2 billion) in unpaid taxes.

On Wednesday, the State Bureau of Investigations (SBI) said that it had found hundreds of thousands of dollars in cash, as well as luxury watches and cars, at the tax chief’s residence. CNN is attempting to reach that individual for comment.

The Ukrainian Security Service (SBU) said the raids were part of an effort to combat what they described as “the internal enemy” in the country. (Read more from “Hundreds of Millions of Dollars of Ukrainian Corruption Uncovered” HERE)

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