Former PrivatBank top managers notified of suspicion

23.02.2021 00:00

On February 22, 2021, the NABU Detectives and SAPO Prosecutors notified three PJSC CB "PrivatBank" ex-officials of suspicion of embezzling over UAH 136.89 million. The notices of suspicion were signed by the Prosecutor General of Ukraine.

Among the suspects there are:

  • the Former Head of the Board of PJSC CB "PrivatBank" (Part 5 Article 191, Part 1 and Part 2 Article 366 of the Criminal Code of Ukraine);
  • the Former First Deputy Chairman of the Board of PJSC CB "PrivatBank" (Part 5 Article 191 of the Criminal Code of Ukraine);
  • the Former Head of one of the Divisions of PJSC CB "PrivatBank", who simultaneously held the position of the First Deputy Chairman of the Board at an affiliated insurance company (Part 5 Article 191, Part 1 and Part 2 Article 366 of the Criminal Code of Ukraine).

The NABU Detectives established that in December 2016, the day before PrivatBank was declared insolvent, the suspects, using false documents, transferred more than UAH 136.89 million in favor of an insurance company related to PrivatBank's ultimate beneficiaries.

On February 22, 2021, according to intelligence information, the former First Deputy Chairman of the Board tried to leave Ukraine for Vienna on a private jet, having departed from Dnipro. Due to the efforts of the head of the group of Detectives and the NABU Director, who addressed the State Aviation Service that the plane was made to land at Boryspil airport, where the ex-official was arrested in accordance with Article 208 of the Criminal Procedure Code of Ukraine.

The ex-Head of the Board and the Former Head of the PrivatBank division were notified of suspicion (Article 135, Article 278 of the CPC of Ukraine) via mail, as their location was unknown.

Now a measure of restraint is to be chosen by court in regard to the detained ex-official. Investigative actions are underway.

This episode is one of those investigated by the NABU Detectives since the fall of 2019 after all the PrivatBank proceedings came within the Bureau's jurisdiction.

 

According to Article 62 of the Constitution of Ukraine, a person is considered not-guilty in the commission of a crime and cannot be subject to criminal punishment until he or she is found guilty by court.