The embezzlement was part of the so-called “Boyko’s Drilling Rigs” case, when, reportedly under the supervision of the Fuel and Energy Minister at the time, Yuriy Boyko, Naftogaz purchased two oil and gas rigs for $800 million, almost a double their real price, and allegedly laundered the overpaid money – some $330 million. Bakulin didn’t attend the parliament session, and despite the Rada’s approval of his arrest, he still had an opportunity to escape, as Prosecutor General Yuriy Lutsenko earlier told parliament that Bakulin was abroad now.
