Deposit Guarantee Fund hopes bill on protection of defrauded bank depositors will be passed, - Head of Fund

Source : 112 Ukraine

The bill will enable the fund to return the money to the majority of depositors within the guaranteed amount
17:02, 14 November 2016

Deposit Guarantee Fund hopes that bill on protection of defrauded bank depositors will be passed. This was reported by the Head of the Deposit Guarantee Fund Konstantin Vorushilin during a briefing broadcast by 112 Ukraine TV Channel.

"If this bill is passed in the form in which it is published today on Verkhovna Rada website, it will give us the opportunity to work with each application of the defrauded depositor individually, and return the money to vast majority within the guaranteed amount. This is made possible because the law equates depositors of these financial companies to bank deposits," – Head of the Fund said.

Head of the Fund hopes that Verkhovna Rada will pass the bill, as many deputies wrote formal requests, showing concern for defrauded depositors. “During the vote we will see who is really concerned with the situation and who simply tried to gain popularity on this issue, earn money. Unfortunately, our politicians do not always walk the talk. But, I hope Verkhovna Rada will pass this bill.”

Related: Mykhailivskyi Bank depositors picketed Ukrainian Parliament, demanded their money back


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