Ukrainian President Petro Poroshenko has ordered Ukrainian Prosecutor General Viktor Shokin to take personal control of the investigation into criminal cases linked to the insolvency and liquidation of Delta Bank (Kyiv).

In response to e-petition No. 22/001365-ep on the president's official website which contains a request to intervene regarding the deliberate bankruptcy of Delta Bank, the president said that he asked Managing Director of the Individuals' Deposit Guarantee Fund Kostiantyn Vorushylin to ensure that there will be a transparent and fair mechanism to sell the assets of Delta Bank with the involvement of the public and depositors of the bank, as well as the effective fulfillment of the functions of the liquidator by the authorized person of the fund.

"In these conditions it is very important to conduct the open and fair liquidation procedure for Delta Bank, and the interests of the state and the clients of the bank are to be taken into account as much as possible," Poroshenko said.

Delta Bank was founded in 2006. Its largest shareholders in early 2015 were Mykola Lahun (70.6059%) and Cargill Financial Services International, Inc. (29.3941%).

Delta Bank ranked fourth among 158 banks operating in the country on January 1, 2015 by total assets (UAH 60.303 billion), according to the National Bank of Ukraine.