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

  • An analogue of a Turkish drone is expected in Ukroboronprom
    News

    An analogue of a Turkish drone is expected in Ukroboronprom

    The Ukrainian Sokil-300 drone is an analogue of the Turkish Bayraktar and it may join the army next year. The head of Ukroboronprom Igor Fomenko announced it in an interview with RBC-Ukraine. “This is an analogue of the same Turkish Bayraktar. With funding it may already be adopted in a year,” he said. Fomenko says […]

  • The value of bitcoin has approached $ 20 thousand
    News

    The value of bitcoin has approached $ 20 thousand

    Last week, the value of cryptocurrency fell sharply, but now it is approaching a historic high again. According to Coin Desk, after a sharp drop last week, the value of bitcoin broke the record and reached $ 19,686. Thus, the cryptocurrency exceeded the value recorded on December 16, 2017 by $ 20,665. But the absolute […]

  • Poroshenko’s former plant has paid off 300 million in debt
    News

    Poroshenko’s former plant has paid off 300 million in debt

    The Kyiv shipyard Kuznya na Rybalskomu (Ukrainian: “Кузня на Рибальському”) has returned to the state budget more than 300 million UAH, which the Ministry of Finance had previously paid on the company’s debts. It is noted that in 2017 the government provided state guarantees for a plant loan from Ukreximbank. The credit line allowed to […]

  • The tenth distillery was sold at auction in Ukraine
    News

    The tenth distillery was sold at auction in Ukraine

    The State Property Fund sold the Khorostkiv distillery at auction for UAH 55 million. This was reported on the auction page. This is the tenth enterprise in the industry to be privatized. Its initial cost was 31.4 million UAH. It is noted that four buyers participated in the auction for the sale of the Khorostkiv […]

  • Moderna has reported 100% efficiency of the vaccine against severe cases of COVID-19
    News

    Moderna has reported 100% efficiency of the vaccine against severe cases of COVID-19

    Following the third phase of trials of its COVID-19 coronavirus vaccine, Moderna said the drug was generally well tolerated and no serious health problems were identified. According to the company, the effectiveness of its vaccine reaches 94.1%, and 100% for preventing severe coronavirus cases. Previously, the manufacturer estimated the effectiveness of its drug at 94.5%. […]

  • AirBaltic will resume flights to Ukraine
    News

    AirBaltic will resume flights to Ukraine

    Latvian airline AirBaltic will resume flights to Ukraine on December 1 and will start a new flight Vilnius-Kiev to Boryspil airport. The schedule includes departures twice a week on Tuesdays and Saturdays on Airbus A220-300. Flights from Vilnius will depart at 09:00, from Kiev – at 11:15. “Vilnius Airport can be used for transit to […]

  • Eurozone finance ministers have approved the ESM reform
    News

    Eurozone finance ministers have approved the ESM reform

    German Finance Minister Olaf Scholz said that eurozone finance ministers had agreed on a package of measures to reform the European Stabilization Fund (ESM). “The ESM reform strengthens the euro and the entire European banking sector,” said Scholz, whose country currently holds the EU presidency. According to the agreements, a new “safety cushion” for European […]

  • Britain intends to start vaccination against coronavirus in December
    News

    Britain intends to start vaccination against coronavirus in December

    The British government hopes that in the coming weeks the relevant authorities of the country will register two vaccines against coronavirus. Boris Johnson, the Prime Minister announced it in an interview with Sky News on Monday, November 30. “So far, no vaccine has been approved for use by the Medicines and Medical Devices Agency. However, […]

Read also

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

UkrLandFarming implements an investment project on building a port terminal

The construction of the port terminal is a major investment project for UkrLandFarming. This was told by the founder and owner of the agricultural holding Oleg Bakhmatyuk in an interview to the  Latifundist.com. “The main investment project, for which we will raise money, is the construction of the port terminal. In my opinion, today there […]

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

Nvidia is preparing to make the biggest deal in the chip market

The American technology company Nvidia is approaching to the agreement to purchase the British chip manufacturer Arm from the Japanese SoftBank. Bloomberg was told by familiar with particular situation Sources. Similar information was also reported by the interlocutors of The Wall Street Journal and the Financial Times. Bloomberg sources said, the operation may be announced […]

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

Bank Khreshchatyk repaid the debt to the NBU anticipatorily

Publicly-held company Bank Khreschatyk has managed to prepay debt to the National Bank of Ukraine in the amount of 190 457 000 UAH. According to the official information, the implementation of the requirements of the loan from the NBU refinancing was realized by raising funds derived from repayment of the package of domestic government loan […]

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

AT&T’s quarterly revenues exceeded estimates after adding 645,000 new telephone subscribers

Shares of AT&T, which have lost 27.6% of value since the beginning of the year, rose up to 5.8% on Thursday after the publication of better-than-expected Wall Street analysts, earnings for the 3rd quarter, which ended on September 30. AT&T reported earnings per share of $ 0.76, which is 19% below last year’s value, but […]

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

Why do the foreign investors need Chornobyl zone?

A number of investment companies in the world are interested to invest money in the construction of solar power plants in the Chоrnobyl zone. Among them are China, Germany, Austria and others. It is reported by investment portal InVenture. Head of Ministry of Environmental Protection of Ukraine Ostap Semerak stressed the fact that the Ministry […]

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

Lecturer Rupert Ashmore after 2 years of suit agreed to pay to his former partner £275,000

An art lecturer who had a 25-year relationship and a son with a teenage student said he was not sure he loved her any more than his dog and dismissed her as a mere lodger. Kim Woodward was a talented 19-year-old design student when she fell for artist Rupert Ashmore, a Jaguar-driving 36-year-old lecturer at […]

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

The Court of Appeal withdrew the arrest of the GREENSTONE’s property

The judicial panel on criminal cases of the Kiev Court of Appeal March 16, 2016 considered and settled  the appeal, canceling the seizure of property of  the GREENSTONE group of companies: “Petroprodukt-Ukraine”, “Yagotynske HPP”, “Protein-Production” and “League “. This was said in the press release. At the request of the investigator of the National Police – […]

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

The Verkhovna Rada has allowed Ukrainian aircraft industry the creation of joint ventures with foreign partners

The Verkhovna Rada adopted a law providing for the possibility of establishing state enterprises Ukrainian aircraft industry joint ventures (JVs) with foreign partners. Law №4809 “On Amendments to Certain Legislative Acts of Ukraine regarding the establishment of conditions for international cooperation entities of aircraft and the development of domestic aircraft” supported 241 MP of the […]

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

The price of bitcoin exceeded the mark of $ 18 thousand

The value of bitcoin for the first time since December 2017 exceeded the mark of $ 18 thousand. The cryptocurrency rate reached $ 18,174. For the first time since December 2017, the bitcoin exchange rate exceeded 18,000. This is evidenced by data from the electronic cryptocurrency exchange Coindesk and the portal CoinMarketCap. So, on the […]

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

Groisman promised to create “entry point” for foreign investment  

In September 2016, the Ukrainian government will open an office, which is financially supported by private equity fund for support investment from abroad. It is about WNISEF (Western NIS Enterprise Fund), which was established in 1994 with a capital of $ 150 million, for the amount, which was paid by the US government. This kind […]

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

SWISS 2017

2017 was marked by many interesting and significant events for Switzerland. They relate to science, culture, and the social life of the country, and have become important and notable for both Switzerland and for Ukraine. 1. We celebrate the 25th anniversary of the establishment of Ukraine-Switzerland diplomatic relations in 2017. Both sides undoubtedly appreciate well-established […]

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

Europe suspects McDonald’s in violation of tax legislation

The chain of one of the world’s most popular fast food restaurants McDonald’s is suspected in violating tax laws in Europe. Today, the European Commissioner for Competition Margaret Vestager plans to announce a formal investigation into tax treaties with Luxembourg McDonald’s – reports Reuters with reference to informed sources. The investigation is scheduled to consider […]

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

“Kernel” will pay $ 2.4 million penalty charge for contaminated sunflower oil

One of the largest Ukrainian agricultural groups “Kernel”, will pay $ 2.4 million, according to the results of court proceedings, in which it was involved in the case of contamination of the Ukrainian sunflower oil delivered in the EU in April 2008. According to the company report, disclosed on its website on Friday, the court’s […]

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

French media group Publicis will invest in 90 StartUps, including from Ukraine

Media Group will provide from 10 000 euros to 500 000 euros, depending on the stage of development of the project.  One of the world’s largest media group Publicis decided originally to commemorate the 90th anniversary: ​​ to finance 90 StartUps from around the world, including Ukraine, – writes AIN. As the newspaper writes, the […]

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

The first truffle farm in Ukraine

French entrepreneur plans to open the first Ukrainian truffle farm in Kharkiv region. Edouard Henon,the owner of the oldest in Bordeaux truffle plantation, plans to organise a truffle farm in the territory of the regional Kharkiv park landscape .He is sure that all conditions, necessary for the cultivation of a delicacy, are in the Kharkiv […]

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

The Dow Jones index exceeded 30,000 points for the first time in history

The Dow Jones and S&P 500 stocks hit record highs on Tuesday, November 24 amid official news of the transfer of power in the United States and progress in the development of coronavirus vaccines. In particular, the Dow Jones industrial index rose by 1.5% and for the first time in history exceeded 30,000 points. According […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com