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"[This order has been issued] to place a non-residential building – a shopping and entertainment mall located at 12 Luhova Street, Kyiv, under arrest along with a commercial and office building located at 12 Luhova Street, Kyiv, being owned by PJSC Lex Holding," the court said in a statement.

It said that an investigator of National Police's Kyiv main department had requested that the court seize the Karavan shopping mall with an area of 46,700 sq. m., and a commercial and office building whose area is 10,500 sq.m.

As the statement said, Lex Holding "by deception and abuse of confidence" borrowed a loan from VTB Bank. After that Lex Holding initiated the bankruptcy procedure, attempting to withdraw property put up as collateral and mortgage, which caused a US$73.9 million in damage to the bank.

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Read alsoWho will pay for mishap of Mykhaylivsky bank depositorsAs UNIAN reported earlier, Prosecutor General Yuriy Lutsenko wrote on Facebook on November 14, 2016, about the arrest of another Kyiv-based shopping and entertainment center, Gulliver, which was seized under a ruling by Kyiv's Shevchenkivsky district court.

"It has been established during an investigation into embezzlement at Mykhailivsky Bank that the bank is owned by Ekosipan LLC whose 92.5% stake belongs to Viktor Polishchuk, the bank's owner. Today, Shevchenkivsky District Court in Kyiv ruled to satisfy a claim filed by the Kyiv prosecutor's office to seize the property complex of Gulliver," Lutsenko wrote.