A Ukrainian banker is suspected of embezzling over UAH 20 million — Ukraine

With credit funds, the commercial structure purchased foreign currency and transferred it abroad.

The former chairman of the board of a commercial bank is suspected of financial fraud, which he checked together with the auditor of a private enterprise. As a result of this device, the attackers withdrew UAH 22 million from the bank during a full-scale invasion of the Russian Federation.

This was reported to the National Police.

As the investigation established, the financial institution granted the commercial enterprise a loan with a limit of more than UAH 20 million. At the same time, the management of the bank and the commercial enterprise concluded agreements on providing the borrower with so-called overdrafts, that is, the client could make calculations even if there was no money in the account.

“Understanding in advance that the loan funds will not be returned, and the pledged property exists only on paper, the parties…