Photo from NBU
The National Anti-Corruption Bureau of Ukraine has launched an investigation into the activities of National Bank Governor Valeria Gontareva and Managing Director of the Individual Deposits Guarantee Fund (IDGF) Kostyantyn Vorushilin, according to the Prosecutor General's Aide Vladyslav Kutsenko.
"Based on my report, the NABU launched an investigation into the activities of Gontareva and Vorushilin!” he wrote on Facebook, adding that criminal proceedings were launched under Article 365-2 Part 3 of the Criminal Code of Ukraine.
Read alsoYear of major banking cleansingAccording to Kutsenko, his report raised the issue of fraudulent schemes with the assets of liquidated banks in the amount of about UAH 315.6 billion and the possible involvement of the National Bank governor and the managing director of the IDGF.
Read alsoDeposit Guarantee Fund admits poor results in recovering failed banks' assets - Kyiv Post"This is about artificially lowering the value of the assets of 68 liquidated banks from UAH 415 billion to UAH 99.4 billion in order to sell those assets for a pittance to controlled entities, which in turn leads to disastrous consequences to the economy and to mass non-payment of debts to depositors of banks," said Kutsenko.