Mykhailivskyi Bank depositors picketed Ukrainian Parliament, demanded their money back

Source : 112 Ukraine

Several minutes ago the protesters threw a smoke pallet into the building of Verkhovna Rada
19:16, 3 November 2016

Picket at the National Bank
112 Agency

Mykhailivskyi Bank depositors picketed the Parliament building. The correspondent of 112 Ukraine TV channel reported that from the scene.

'The protesters are the depositors of the bankrupt banks. They came to the building of the Parliament with their posters and drums. They demand anybody from the parliamentarians to approach them. They want to tell in details what concerns them,' reports the 112 Ukraine TV channel journalist.

The law enforcement officers guarded the public order, there were several cordons of the National Guard and the National Police.

The protesters threw a smoke pellet into the building of Verkhovna Rada, with no further consequences.

One man was detained during minir clashes between the protesters and the police.

Later that day, the situation resolved; the Deposit Guarantee Fund released the statement saying that depositors can get their money from the Fund's agent banks.  

As it was reported earlier, the rally began Thursday morning, people blocked the Bankova and Institutska Streets. After that, the protesters have blocked Khreshchatyk, burned flares and threw smoke bombs; there also was a fight with the police. Movement on Khreschatyk Street is unblocked now.

The protesters require to return their deposits as soon as possible, or to create an interdepartmental commission, which will investigate what exactly happened with the Mykhailivskyi bank.

The bankruptcy administration was introduced to the Mykhailivskyi bank in May. Later it became known that the bank has sold its credits to other financial companies. The board of the National Bank took the decision to rate the bank as bankrupt. The deposit insurance fund began the procedure of bank liquidation, refusing to return the deposits of more than 10 000 people. The National Bank estimated the damage by the owner of the bank Victor Polishchuk in more than 890 million dollars.

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