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Law on banking activity violates several articles of Ukraine's Constitution, - Medvedchuk

Source : 112 Ukraine

The Ukrainian MP believes that the current policy on the banking system will show only negative results in the future
20:06, 13 May 2020

Viktor Medvedchuk
112 Agency

Recently-approved Law on banking activity violates several articles of the Constitution. This was stated by the Chairman of the Political Council of the Opposition Platform - For Life Party and MP Viktor Medvedchuk during the press briefing that was broadcasted by 112 Ukraine TV channel.

When we talk about a law-based state, we are talking about the arbitrariness that took place in the second half of the 19th year when laws were passed by a majority without taking the Constitution, the legislation that worked at the moment in consideration. Today this is an element of the fact that our ‘Servants of the People’, who, unfortunately, are in power, passed a law on banking which violates several articles of the Constitution, which turns the National Bank into an instance that is not controlled by anyone and does not account to anyone under the external management and the instructions of the Western masters. The decisions of the National Bank on certain issues cannot be appealed. This is the main demand of the Western masters for our ‘Servants of the People’, along with the land - to do everything in order to please the external government. Moreover, neither the World Bank nor the IMF are satisfied with the land law. They have already expressed a number of their critical remarks on what needs to be improved in terms of proving an opportunity to non-residents, i.e. foreign individuals and legal entities, to buy land, to participate in the sale of land. It is about active participation in the market of land relations in Ukraine,” he stated.

Related: Medvedchuk: Opposition Platform - For Life has enough grounds to appeal land law to Constitutional Court

Medvedchuk believes that the current policy on the banking system will show only negative results in the future.

"The same thing happens with banks. This is an exclusive requirement of Western authorities, the Soros Foundation. This requirement is a fundamental element of external management. Moreover, the presence of the president during the vote on this law - once again shows how 'Servants of the People' stand by such positions in favor of their Western masters, not the Ukrainian people. This is a real nightmare, today's shame for the Ukrainian government which, unfortunately, will end negatively for Ukrainian citizens, including bank depositors. Although there were a lot of talks that it was aimed at protecting them, but this is not aimed at protecting the bank's depositors, only at protecting the main bank. In order to manage the entire banking system in favor of Western investors, the so-called Western investors, who carry out external management in Ukraine," the MP added.

As we reported earlier, according to the Chairman of the Political Council of the Opposition Platform - For Life Party and MP Viktor Medvedchuk, the lifting of the economic blockade from Donbas could increase Ukraine's GDP by 2.6%.

Related: Medvedchuk: The longer we tolerate IMF’s colonial attitude, the worse

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