The SBU information helps to serve the ex-chairman of the Board of a commercial bank a suspicion notice of multimillion embezzlement of depositors’ funds.

SBU operatives established that the top manager of the bank organized an illegal scheme to withdraw depositors' money from construction financing funds. The offender spent money from the reserve fund, illegally transferring it to the accounts of two companies associated with the bank.

Law enforcement officers documented that depositors’ losses top UAH 22 m. (circa USD 786,000).

Currently, the ex-chairman of the Board received a suspicion notice of misappropriation, embezzlement or conversion of property by malversation.

The operation was carried out by the SBU Main Directorate for Combating Corruption and Organized Crime jointly with the Investigative Unit of the Pecherskyi district National Police Department in Kyiv city under the supervision of Kyiv Local Prosecutor's Office no.6.