Individuals' loans, liquidity provision worth at least $11 million had been withdrawn from Imexbank (Odesa) a month before the bank was declared insolvent, according to the website of the Individuals' Deposit Guarantee Fund.

According to its data, the estimated value of the bank's assets is less than 15% of the amount recorded in financial statements. Thus, the value of assets included in the liquidation mass "on paper" is UAH 14.952 billion, while four independent appraisers estimated them at UAH 2.082 billion.

"The analysis of operations conducted by the bank shortly before the introduction of temporary administration shows: the schemes, manipulations and withdrawal of liquid assets were applied," the fund said.

According to the fund, a few weeks before the introduction of temporary administration pursuant to the decision of the Economic Court of Odesa region the bank transferred $10.925 million to a resident company in the United Kingdom of Great Britain and Northern Ireland. This amount was transferred for the software allegedly installed by the company in the bank office in Crimea in January 2013. At the same time, these assets were not mentioned in the bank's balance sheet.