Case on embezzling PrivatBank funds: office, plant, and plane arrested by court

Land in Odesa oblast and buildings in Kyiv and Dnipro were arrested as well

19:34, 13 September 2017

the Village

Pechersk district court of Kyiv in the case on embezzling PrivatBank funds ordered to arrest property, among which there is an office of Ukrainian TV channel 1+1 in Kyiv, a Boeing airplane, and a plant in Dnipro, according to the court decision published.

Among other objects arrested by court, there is land in Odesa oblast, buildings in Kyiv and Dnipro, and property in Odesa: one building and one grain terminal.

As it was reported earlier, there have beenĀ schemes of withdrawing money from PrivatBank before its nationalization. Right before the bank was transferred into state property, they issued loans to inactive companies with some signs of default.

Related: PrivatBank lawsuit may cause significant losses to the state

Related: PrivatBank was a typical financial pyramid before nationalization