Criminal lawsuit involving the possible embezzlement of PrivatBank funds poses the risk of causing significant losses to Ukraine because two of the bank's largest shareholders, Ihor Kolomoisky and Hennadiy Boholiubov, failed to fulfill their obligations, National Anti-Corruption Bureau of Ukraine (NABU), said its chief Artem Sytnyk on August 21. This was reported by Interfax-Ukraine.
"The PrivatBank case has been taken under special control because the possibility of large scale losses to the state exists there. Shareholders of the bank have still not fulfilled their obligations – not paid off the bank's loan portfolio. Kolomoisky and Boholiubov had promised to do this in writing by July 1. They did not," Sytnyk said in his interview for Radio Free Liberty/Radio Europe.
Earlier it was reported about schemes of withdrawing money from PrivatBank before its nationalization. Before nationalization, PrivatBank issued loans to inactive companies with some signs of default.