About past, present and future of Ukraine

Main Business — Possession of UAH 420 million - the SBI informed the ex-deputy chairman of the board of "Eurobank" about the suspicion

Business

Possession of UAH 420 million - the SBI informed the ex-deputy chairman of the board of "Eurobank" about the suspicion

25 Aug, 2022
161
Possession of UAH 420 million - the SBI informed the ex-deputy chairman of the board of "Eurobank" about the suspicion

Share this article


The employees of the State Security Bureau informed about the suspicion of one of the ex-deputies of the board of PJSC CB "Eurobank", who is involved in the embezzlement of UAH 420 million.

By entering into forged contracts for the purchase and sale of securities, credit and mortgage contracts, and contracts for meeting the demands of the mortgage holder with fictitious companies controlled by the bank, the bank's officials took possession of depositors' money and the property of "Eurobank" in the amount of more than UAH 420 million.

To give fictitious contracts the appearance of legal activity, among other things, land plots and office premises, the value of which was deliberately inflated more than seven times were used as collateral.

One of the managers of Eurobank was notified of suspicion of misappropriation and embezzlement of property through abuse of official position on a particularly large scale or by an organized group (Part 5 of Article 191 of the Criminal Code of Ukraine).

The suspect faces up to 12 years in prison.

The involvement of other bank employees in committing the specified crimes is established.

As a guarantee of compensation for the damages caused in the criminal proceedings, objects of criminally illegal actions and movable and immovable property purchased with the money acquired due to the commission of a criminal offense were seized and handed over to the Asset Recovery and Management Agency (ARMA). Among other things, there are:

  • shares in the authorized capital of 4 legal entities;
  • 130 cars, including premium cars;
  • 98 real estate objects (apartments, land plots, office premises, etc.).

The Office of the Prosecutor General carries out procedural management of pre-trial investigations in criminal proceedings.


The Odessa Journal

The Odessa Journal

more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...