The General Prosecutor’s Office suspects PrivatBank’s former executives of the embezzlement of funds on behalf of the companies, associated with former shareholders, according to the ruling of Kyiv Pechersk District Court dated April 24, Ukrainian News reports.
From March 16, the General Prosecutor’s Office initiated investigation against PrivatBank’s former executives, who committed embezzlement of funds in especially large amounts.
It was established that on December 15, 2016, PrivatBank received NBU’s message, stating that on December 13, Claresholm Marketing LTD was acknowledged as the entity, associated with the bank.
Although the bank is prohibited from conducting any active transactions with the entities, associated with the bank, on December 15 and 16, PrivatBank’s executives concluded loan agreements with Claresholm Marketing LTD, disbursed funds and indicated the arrears of this company in bank balance.
The bank was also prohibited from conducting active transactions with foreign-owned Novofarm LLC, which was acknowledged as the associated entity.
In addition, on December 16, Privatbank’s executives completed the indexable accrual of funds, amounting to UAH 136.8 mln, on behalf of Ingosstrakh IC under deposit agreements dd. 2005 and 2014.
NBU also acknowledged Ingostrakh IC as the entity, associated with the bank.
The court gave the investigator the authorization
