The Prosecutor General's Office (PGO) of Kyiv jointly with the police on September 25, 2017 notified former board chairman of bank Starokyivsky (Kyiv) that he is suspected of embezzling funds of the bank.

The press service of the PGO reported that during the pretrial investigation it was established that in 2007-2013 the former board chairman acting with other managers of the bank and abusing his office embezzled almost UAH 82 million from the bank via issuing credits to affiliated persons.

He is suspected under signs of crime foreseen in Part 5 of Article 191 (misappropriation, embezzlement or conversion or property by malversation via abuse of office) of the Criminal Code of Ukraine.

Earlier the PGO notified the former deputy board chairman of the bank that he is suspected of embezzling almost UAH 82 million.