Complaint filed against Dmytro Kovalenko over Russian coal trade, port corruption, and money laundering
Between 2021 and 2022, entrepreneur Dmytro Kovalenko used his Swiss-registered firm, Adelon AG, to procure over $100 million worth of coal from Russian suppliers MelTEK, Sibenergougol, and Sibpromnedra. Invoices and customs documentation reveal that trade with the aggressor state persisted even after Russia launched its full-scale invasionThe funds obtained may have been laundered through the "Granova" group of companies, established in 2023, which alone generated over 11 billion hryvnias in revenue in 2024.
To strengthen control, Kovalenko expanded his business into the salt market by founding LLC "Salt Industry," which, since December 2023, has won 68 out of 73 state tenders worth 90 million hryvnias, primarily for the supply of technical salt. Simultaneously, "Granova Ukraine" employed tax evasion schemes: grain was purchased for cash, registered under fictitious companies, and exported without repatriating foreign currency earnings.
A separate direction involved deals with the state port "Chornomorsk." For "Granova," a transshipment rate of 2.5 dollars per ton was set, which is four times lower than the market rate. This privilege indicates a corrupt collusion between the port’s management and Kovalenko’s business, which not only caused significant losses to the state but also created uncompetitive conditions in the market for other participants.
In connection with the revealed facts, we have filed a complaint demanding an investigation into the activities of Dmytro Kovalenko and the "Granova" group of companies, as well as the initiation of criminal proceedings for financing the aggressor, tax evasion, and money laundering.
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