Kyiv court removes seizure of All-Ukrainian Bank of Development accounts

Source : 112 Ukraine

The court belonged to Oleksandr Yanukovych, the son of Ukraine's ex-President Viktor Yanukovych
09:40, 18 April 2019

Larysa Sargan, the press-secretary of the Prosecutor General
Facebook Larysa Sargan

On April 17, Shevchenkivsky District Court of Kyiv canceled the arrest of the accounts of All-Ukrainian Bank of Development, which belonged to son of ex-President of Ukraine Viktor Yanukovych Oleksandr, as Larysa Sargan, the Press Secretary of Ukraine’s Prosecutor General Yuriy Lutsenko, reported on Twitter.

“On April 17, 2019, investigation judge of Shevchenkivsky District Court of Kyiv Holub ruled to repeal arrest of the accounts of All-Ukrainian Bank of Development. The prosecutors prepare immediate motions. Will judge Martynov repeat his colleague tomorrow at 9:30 am?” she wrote.

Related: Kolomoysky’s lawsuit on return of PrivatBank shares: Court postpones consideration for May 7

At the same time, she noted that $4,6 million were arrested.

The next hearing on the case is scheduled for April 18 at 9:30 am.

Earlier, Ukraine’s Prosecutor General Office blocked the bank accounts with around $3,8 million twice. The son of ex-president Viktor Yanukovych owns these accounts.

Related: Ukraine's representative in the EU denies lifting sanctions from people of Yanukovych entourage

He himself stated that he did not have information about the lawsuits of the individual contributors of the All-Ukrainian Bank of Development and the decisions the court made in this regard.

In April 2018, Pechersky District Court of Kyiv lifted the arrest from the accounts of the companies connected with Oleksandr Yanukovych. The arrests were imposed in 2015-2016.

Related: Court postpones case on PrivatBank nationalization to April 22

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