Photo from UNIAN
The oligarch was put on the international wanted list in April 2014.
Head of the Antimonopoly Committee of Ukraine (AMCU) Yuriy Terentyev says the committee has fined fugitive Ukrainian oligarch Serhiy Kurchenko, who is obliged to pay UAH 15 million (about US$540,000) for the violation of monopoly rules amid the acquisition of Brokbusinessbank.
Read alsoFugitive oligarch Kurchenko's property arrested in Switzerland
"A long-lasting investigation is over. The Prosecutor General's Office and the Security Service of Ukraine closely cooperated to determine relations of control and the ultimate beneficiary who bought Brokbusinessbank. The AMCU made its decision on this economic concentration case – the acquisition of Brokbusinessbank by Kurchenko and a group of affiliated persons. Kurchenko was fined UAH 15 million," he wrote on Facebook on November20.
As UNIAN reported earlier, the Deposit Guarantee Fund of Ukraine launched the liquidation of Brokbusinessbank on June 11, 2014. Prior to that, a temporary administration was installed at the bank on March 3, 2014.
Brokbusinessbank has been operating in the Ukrainian market since 1991. The National Bank of Ukraine included it in the large banks' group in Ukraine. The bank's main owner was Kurchenko's Eastern European Fuel and Energy Company, also known as VETEK.
In April 2014, the oligarch was put on the international wanted list.