The former management of the Ukrainian Agency of copyright and related rights will be tried for embezzlement of public funds

Бывшее руководство Украинского агентства авторских и смежных прав будут судить за растрату госсредств

The former leadership of the State organization “Ukrainian Agency of copyright and related rights” will be tried for embezzlement of public funds in UAH 14 million. About it reports a press-service of security service of Ukraine (SBU).

“The former Director and accountant of the institution, abusing official position, brought false data in financial documents. As a result of at the expense of the private entity were transferred to 14 million USD, which were intended for payment of remuneration”, – stated in the message.

It is emphasized that it is because of this “unfair and non-transparent management organizations, which collect funds and the payment of royalties has become one of the main grounds for the inclusion in 2013 of Ukraine to the so-called “301 List” (the list of countries that do not protect intellectual property rights) and economic sanctions”.

Now, say in the SBU, this fact is sent to the court indictment under part 5 St. 191 (appropriation of property in especially large sizes), part 2 of article 28 and part 2 of article 366 (office fake) Criminal code of Ukraine.

As earlier reported, the international intellectual property Alliance (IIPA) recommended that the Trade mission of the USA (USTR) to grant Ukraine the status of Priority Foreign Country (PFC) in the “List of 301”. According to the Alliance report, in 2013 Ukraine received the status of PFC, and an investigation was initiated regarding the violation of intellectual property rights. However, three years later, the problems remain essentially unsolved, and it causes serious economic damage to the American, Ukrainian and other foreign rights holders.