Court to Hear a Case of ₴160 Million Theft From the Banking Deposits Insurance Fund
Wednesday, 3 August 2016, 15:28
Prosecutor General indicted an individual who misappropriated more than ₴160 million from the State Insurance Fund for the Individual Banking Deposit Accounts, press-service of the Prosecutor General reported on Wednesday.
The indicted individual is an owner of a number of commercial banks. During 2009—2010 he conspired with a group of accomplices to embezzle ₴160 million from the Deposit Insurance Fund.
The abovementioned individual is also accused of attempting to steal another ₴39 million from the Deposit Insurance Fund and trying to launder another ₴33 million of illegal money.
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Source: Ukrayinska Pravda
