Yanukovych Jr.’s bank was liquidated

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Yanukovych Jr.’s bank was liquidated

19.04.2021 News

The Deposit Guarantee Fund approved the liquidation procedure, which lasted six years. Now the financial institution is officially considered liquidated.

PJSC All-Ukrainian Development Bank (VBR), which belonged to the son of fugitive ex-president Oleksandr Yanukovych, was liquidated as a legal entity. The process has been going on since 2015, according to the press service of the Guarantee Fund.

Creditors’ claims against the bank are now considered repaid, and the guarantees of the Guarantee Fund as the liquidator of VBR are terminated.

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