The suspect entered into contracts for the provision of legal services with three companies. The money was transferred, but none of the bank services were provided.
Law enforcement officers exposed the illegal mechanism of embezzlement of funds from one of the Ukrainian banks. The scheme was organized by the former chairman of the board of a financial institution through commercial enterprises controlled by him, the Kyiv prosecutor’s office reported on Friday, September 2.
“The official concluded agreements on the provision of legal consulting services with three companies. The total value of the agreements is more than 18 million hryvnias. At the same time, none of the services were actually provided to the bank, but documented of related actions in their implementation. After signing the works performed, the bank transferred the funds to the accounts of these companies,” said the statement.
The former chairman of the board of the bank and three heads of commercial enterprises involved in the crime were charged with four articles of the Criminal Code of Ukraine, including misuse, embezzlement of property on a particularly large scale (part 5 of article 191).
Earlier it was reported that new suspicions were revealed in the case of PrivatBank. The total amount of losses for the two stages is now about UAH 223 million.
Two customs officials are suspected of negligence for 60 million hryvnias
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.