The former deputy chairman of the board of Finance and Credit Bank, owned by former MP Kostyantyn Zhevaho, has been served a notice of suspicion of participating in a criminal organisation and embezzling property, the Prosecutor General's Office has reported.
According to the investigation, the deputy chairman of the bank's board, being a member of the bank's credit committee, in 2010 became a member of a criminal organisation created and led by one of the owners of the financial institution.
He executed loan agreements for a newly created legal entity controlled by the leader of the criminal organisation, which had no working capital or credit history, and did not own any property.
Subsequently, the members of the criminal organisation drafted foreign economic contracts between the company on the one hand and non-resident companies controlled by the organiser on the other hand to use them as a basis for the borrower to withdraw funds from the bank.
As a result of such illegal activities, more than UAH 147 million and EUR 17 million of loan funds were illegally withdrawn from the bank's accounts. Subsequently, they were transferred to the accounts of non-resident companies, but were actually withdrawn from the territory of Ukraine and not returned to the bank.