In statement issued Wednesday, the Supreme Anti-Corruption court said its judge dismissed the appeal of Anti-Corruption Center’on the reviewed ‘Rotterdam+’ case.
The claimant sought to reverse the previous court decisions, making it the fourth attempt to ‘revive’ the criminal investigation.
The latest verdict can be appealed to the Appeals Chamber of the Supreme Anti-Corruption Court, added the statement.
‘Rotterdam +’ is a formula for determining the coal price for power plants, based on import parity principle, which was used in Ukraine from May 2016 to June 2019.
The 2016-2017 policy faced criticism and allegations of price-fixing that, according to earlier reports, caused losses for ferroalloy factories in Nikopol and Zaporizhya owned by Ihor Kolomoyskiy.
In 2017, the National Anti-Corruption Bureau opened the investigation into alleged price manipulations and ‘abuse of the office’ by the energy regulator top officials – the agency claimed the damage totaled about 19 billion hryvnas.