Revenue from stores located in Donetsk region has not been cashed under established rules, and has not been placed in accounts belonging to the group's enterprises, reads a Smart-holding industrial and investment group (Kyiv) report, the principle shareholder in Amstor group.

"This gives grounds to say that [Volodymyr] Vahorovsky misappropriates revenues belonging to the retail chain, leaving debts to suppliers and banks unpaid. Employees who fulfill illegal instructions stand as involved in crime and the former manager does not inform them of this. Such predatory attitude to the chain's stores will result in bankruptcy and the closure of retail shops in Donetsk region," reads the report.

Smart-holding told Interfax-Ukraine that the operation of the chain's stores is gradually being restored, employees are returning, work with perishable goods continues, premises are being cleaned, calls are being made to suppliers, IT infrastructure is being restored, and new equipment has been ordered.

"We opened stores in Zaporizhia for leasers who are already servicing buyers. Amstor supermarkets do not work, as IT infrastructure, financial and staff documents were destroyed. Revenue from the New Year holidays was removed and hidden from taxation under the order of Vahorovsky," the company said.

On December 31, 2014, armed persons stormed Amstor supermarkets in Zaporizhia, Mariupol and Kyiv and said they were the new owners. The groups seized 13 Amstor shopping centers. Later, the operation of all the chain’s outlets in Ukraine was suspended.

Law enforcement agencies have launched criminal proceedings.

Smart-holding named former managing partner Volodymyr Vahorovsky as responsible for these events.