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Automatically translated version. May contain inaccuracies compared to the original.
⁉️As a team #Федоров
How can they siphon off defense billions through a financial pyramid? #Вирій Indastri issues bonds for 5 billion UAH, and the Injur Miltech fund is raising money to buy them.
Who and why would give such money to a company registered on 10 October 2023, where the founder, director, and chief accountant are all the same person, a 27-year-old #Бабенко, a former fire-show performer with no experience in defense? There will be takers, but outsiders won’t be let in. The investors will be people from Fedorov’s circle, #Жумаділов, #Конотопський, #Гороховський. They will kill two birds with one stone: introduce dirty stolen money whose origin no one will check, and extract budget funds from Vyrij Indastri as interest.
The company’s authorized capital is 100 thousand UAH, while it’s taking on debt of 💰5 billion. Over the entire 2025 year, all Ukrainian companies together issued corporate bonds worth 4,7 billion. One Vyrij overwhelms the country’s entire annual market.
🔻The bonds are unsecured; there is no collateral.
🔻The 25% rate is guaranteed only for the first of three years.
🔻Only the issuer can redeem the issue early or change the rate.
🔻Investors do not have that right.
🔻The placement is closed, and who exactly bought the papers is not disclosed.
Interest for the first year is 1,25 billion UAH, and the company can earn it only on government contracts. In 2025 the year Vyrij signed contracts with the Defense Procurement Agency with #АОЗ Zhumadilov worth 6,95 billion UAH. These are the contracts the State Bureau of Investigation is examining in proceedings for appropriation of property, money laundering, and document forgery.
▪️7 in July, Babenkov was searched and 32,14 million UAH in cash was seized.
▪️22 in July the Pechersky Court refused the SBI’s request to seize these funds.
▪️4 in August, 28 days after the searches, the securities commission of Oleksii Semeniuk calmly registers the issue for 5 billion.
Next comes the retail wrapper. ❗️Injur Capital of Andrii Zhurzhii is simultaneously the underwriter of the issue and the management company of the fund that buys these bonds. The fund is mono-issuer; 100% of its assets are papers of a single company under investigation. In the first day more than 500 million UAH came in from 12,2 thousand people, average ticket 40,8 thousand UAH.
People with a thousand hryvnias create a crowd that lets any money be brought into a closed placement.
And here #НБУ #Пишний, the commission #Семенюк and #Держфінмоніторинг #Пронін suddenly do not see the securities scheme. The tax authorities #Карнаух and #БЕБ #Цивінський do not see either tax evasion or money laundering. Pronin in the first quarter of 2026 spent 27 days in the office. The seals and equipment of a conversion center were seized from his first deputy. And data about Vyrij Indastri was removed from the open registry by government decree, so you can no longer get an extract on the company.
✅We sent an appeal to the securities commission, the NBU, the State Financial Monitoring Service, the tax office, the BEB, and the SBI. We ask them to verify the grounds for registering the issue, identify the actual purchasers of the bonds and their ultimate beneficiaries, check the origin of the contributed funds, the real source of interest payments, and the buyers’ links to state contractors.
How much will Fedorov–Babenko’s gang make on this financial pyramid?
Why did the regulators allow a company under investigation to issue bonds for 5 billion?
And where are the SBU, the SBI, and the Prosecutor General’s Office in all this?
Materials on the topic:
▫️“Defense secret” as a shield to cover up million-dollar schemes: how confidentiality conceals inflated costs of components for FPV drones
▫️How through “VYRIJ INDASTRI” 27,5 billion UAH were taken from the defense budget. Who let billion-sized flows bypass financial monitoring?
▫️120 thousand drones, 100% prepayment, and a network of firms: what is alleged against the scheme around Babenko
▫️How Babenko, after billions on drones, came up with a new scheme with 5 billion UAH through bonds
▫️Why financial controllers are silent: billion-scale skimming by LLC “VYRIJ INDASTRI” on FPV drones
▫️Another agent #СБУ: #Бабенко from #Вирій Indastri settled things with #ДБР through them
#нонстопдумка #оборона #тендери
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