The prosecutor’s office closed the criminal case against VAB Bank main shareholder

The prosecutor’s office closed the criminal case against VAB Bank main shareholder

06.01.2017 News

The criminal case against the owner of VAB Bank is closed. It is reported by news agency Interfax-Ukraine, referring to the statement of the press service of the Ukrainian company Ukrlandfarming, co-owner of which is also above mentioned businessman Oleh Bakhmatiuk. According to the original source, in the course of an investigation initiated by representatives of the National Bank of Ukraine the fact of embezzlement of bank funds by management team members VAB has not been identified. Thus, the prosecutor’s office closed the case due to lack of corpus delicti.

As it is known on 22 February last year, the Guarantee Fund deposits of physical persons has announced its decision to revoke the banking license of VAB Bank, and to eliminate the financial institution.This procedure will continue until March 19, 2018 year. At the same time, the central bank of Ukraine has repeatedly appealed to the court, accusing the shareholder of VAB Bank Oleh Bakhmatiuk of failing to pay the debt on the personal contract for a total of 10.9 billion UAH.

VAB Bank is one of the largest commercial banks in Ukraine. It was founded in 1992. 86.7% stake in financial institutions belongs to Ukrainian businessman Oleh Bakhmatiuk.

Also read: In the new year, one more bank will be liquidated in Ukraine

Other articles

  • Apple was deprived of a monopoly on payments for applications
    News

    Apple was deprived of a monopoly on payments for applications

    Apple Inc, according to a lawsuit filed by Epic Games Inc., must allow mobile app developers to redirect users to alternative resources to pay for services in the App Store. The Wall Street Journal reported this. A 30% commission is now charged on each purchase. Judge Yvonne Gonzalez Rogers concluded that Apple’s practice was uncompetitive […]

  • The World Bank named the conditions for the tranche to Ukraine
    News

    The World Bank named the conditions for the tranche to Ukraine

    The World Bank will provide Ukraine with a second tranche of $ 350 million, but subject to certain conditions. WB Vice President for Europe and Central Asia Anna Bjerde told Interfax-Ukraine what exactly is expected from Kyiv. “The prospects for the second tranche of the Economic Recovery Development Policy Loan depend on maintaining an adequate […]

  • Swedish Tech Company Beetroot Expands With New Location in Mariupol
    News

    Swedish Tech Company Beetroot Expands With New Location in Mariupol

    September 13, 2021 — Stockholm, Sweden — Beetroot AB, the tech division of the Beetroot ecosystem, opens a new location in Mariupol, Ukraine. The company is currently accepting applications for over fifty software development vacancies in its international client projects.   In Mariupol, Beetroot will focus on building teams of tech specialists to work on a […]

  • Google has appealed France’s fine of half a billion
    News

    Google has appealed France’s fine of half a billion

    The American multinational corporation Google, fined in France for copyright infringement, has announced its intention to appeal the decision of the French regulatory authorities. This was announced on Wednesday, September 1, the chairman of the board of Google France Sebastien Missoff. “We do not agree with some legal nuances and consider the amount of the […]

  • The Ministry of Agrarian Policy announced the number of registered land agreements
    News

    The Ministry of Agrarian Policy announced the number of registered land agreements

    As of September 1, 11,499 agreements have been concluded within the land market. Poltava (2,873.6 ha) and Kharkiv (2,747.4 ha) regions are in the lead. This was reported by the press service of the Ministry of Agrarian Policy. It is noted that 4836 notaries have applied for access to the State Land Cadastre. A total […]

  • Metinvest has reduced its debts by half
    News

    Metinvest has reduced its debts by half

    In the first half of 2021, Metinvest earned $ 2.769 billion compared to a loss of $ 240 million a year earlier, according to the company’s press service. According to the financial report, as of June 30, the Group’s net debt decreased by 52% since the beginning of the year – to $ 1.016 billion, […]

  • A diamond processing plant is being sold in Ukraine
    News

    A diamond processing plant is being sold in Ukraine

    The State Property Fund of Ukraine has put the Vinnytsia diamond processing plant Crystal up for privatization auction for almost 90 million hryvnias. This is stated in the message of the Foundation. It is noted that the plant not only cuts and grinds precious stones, but also makes jewelry. They produce more than five thousand […]

  • The National Bank suffered billions in losses
    News

    The National Bank suffered billions in losses

    In the first half of the year, the National Bank suffered UAH 12 billion in losses, according to the central bank’s press service. In this regard, next year, according to the forecast, the NBU will transfer to the budget UAH 13.6 billion, which is 1.8 times less than this year (UAH 24.4 billion). It is […]

Read also

The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

Low-cost carrier Eurowings will operate flights to Ukraine

The German budget airline, which is one of the subsidiaries of the Lufthansa Group, will launch flights from Dusseldorf to Kiev on September 1. Data on the airline’s website indicate this. It is noted that the airline will operate flights on Mondays, Wednesdays and Fridays. Departure from Germany is scheduled at 11:30 (local time), arrival […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

Intellias Becomes the Employer of Choice for IT Professionals According to EY Best Employer Survey – 2020

Intellias has been recognized among the best IT service companies according to the annual Best Employer Survey by EY Ukraine. During this survey, the industry’s professionals and students ranked the best IT employers and specified employer attractiveness criteria. Among other Top 10 IT employers the professionals also mentioned Ciklum, EPAM, Genesis, GlobalLogic, Google, Grammarly, MacPaw, […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

The National Commission of state regulation of the financial services market

The National Commission, carrying out state regulation of the financial services market by its order №1467 agreed to increase participation by Allianz Holding eins GMBH (Austria) in ODO «Allianz Ukraine” (Kiev) to 99.999% by direct acquisition of 99.978% from its share capital.  As reported, at the beginning of this year, the National Commission, carrying out […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

The Alphabet will invest $ 380 million to Bebor Technologies startup

The parent company of the Google – Alphabet announced that the company will invest to Bebor Technologies $ 380 million, –  reports The Wall Street Journal. According to the deal, the Alphabet company will receive shares in the Bebor Technologies for $ 148 million. Dine Green, one of the head of Alphabet company expressed positive […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

Ukrzaliznytsia’s annual loss amounted to almost 12 billion

According to the results of last year, Ukrzaliznytsia received a net loss of UAH 11.9 billion against a profit of UAH 2.988 billion a year earlier. This is stated in the company’s financial report. The company states that the financial result was significantly affected by a decrease in revenues from freight and passenger traffic – […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

Amazon is releasing a fitness tracker and Halo subscription

Amazon is beginning the expansion in the fitness tracker market with the release of its first Halo fitness tracker and fitness app. The offer from Amazon will compete with the existing world leader in the device market – Apple’s smart watch – Apple Watch, with a fitness tracker and a smart watch from Fitbit, which […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

Ukrainian tutor search service Preply enters the Brazilian market

Internet service Preply, that was designed for searching of local and online tutors, announced the release to the Brazilian market. For this purpose, the company made a localization to Portuguese, implemented the accepting of payments in reais, and hired a Brazilian student Lucia in Kiev office. Her responsibilities will include support for tutors in the […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

Pfizer reported earnings below estimates and lowered its annual forecasts

Shares of Pfizer decreased by 3.2% since the beginning of the year, fell by 1.65% on Tuesday after the company announced the results of the third quarter, which ended on September 30. Pfizer reported a 4% drop in earnings per share (compared to the same quarter in 2019) to $ 0.72, but this was slightly […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

Judge Finds 1977 Egyptian Pact Is Not Valid for 2015 US Divorce

A New York judge has determined that an Islamic marriage contract entered into during a 1977 wedding ceremony in Egypt is not binding on the court’s consideration of the couple’s divorce now. While Westchester County Supreme Court Justice Lawrence Ecker said New York courts have recognized that the marriage contract, called a “mahr,” can be enforceable, Ecker […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

Twitter shares fell more than 17%

According to trading data, securities of the microblogging service Twitter Inc. after the close of the main trading session in the US fell in price by more than 17%, also according to financial statements, in the red were the shares of US technology giants Amazon, Apple and Facebook, only Alphabet reporting pleased investors. Thus, shares […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

The international manufacturer of raw materials for confectionary industry built a plant in Ukraine

The international manufacturer of goods  and raw materials in the bakery, patisserie and chocolate sectors Puratos built a plant in Odessa region. “Puratos will launch its own production of ingredients for the baking and confectionery industry in the Odessa region “, – said in the statement. The business of the company focused on meeting the […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

The IMF named the condition for the completion of the corona crisis

The world economy is on the road to recovery amid the pandemic COVID-19, however, the final completion of the corona crisis is possible only in the case of mass use of the vaccine. This was stated by IMF chief Kristalina Georgieva and Chief Economist of Fund Gita Gopinath in their joint paper of the magazine […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

Trump won: the companies begin to take out assets abroad

By the last calculations, Donald Trump has won  in the  USA elections . The majority of world editions have reported already about it which reputation don’t allow doubting the validity of this information . As  the Air Force reports, for the time being, the candidate of republicans  has collected 278 votes of delegates.  Hilary Clinton […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

Unilever will invest € 8.3 million in a factory of the tea production of the in the Kiev region

A major manufacturer of products, Unilever Company intends to launch a tea factory in the Kiev region in the second half of 2016. The company has already invested in the project  € 8.3 million.  “Unilever will launch its own tea factory in Gostomel. Unilever works on the project from the middle of 2015, and at […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

Lufthansa suffered a quarterly loss of almost 2 billion euros

Deutsche Lufthansa reported that it suffered a loss of 1.97 billion euros in the third quarter of 2020 against a net profit of 1.15 billion euros a year earlier. The carrier’s revenue fell by 74% to 2.66 billion euros from 10.11 billion euros a year earlier. Adjusted loss before tax and interest payments (EBIT) was […]

Next
The prosecutor’s office closed the criminal case against VAB Bank main shareholder
News

For purchase of the vaccines COVID-19 will be allocated 2.6 billion UAH

Ukraine will allocate 2.6 billion hryvnias for the purchase of a coronavirus vaccine. This was stated by Finance Minister Serhiy Marchenko at the press conference on Monday, September 14. “By 2023, we have a real opportunity to ensure health care spending at 5%. There is an increase in 2021 to 4.2% of GDP for health […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com