Court repeatedly arrests property of ex-first deputy board chairman of Delta Bank

11:32, 07.10.2016 1 min read

Kyiv's Pechersky district court has repeatedly arrested property and corporate rights of former first deputy board chairman of Delta Bank, the press service of Prosecutor General's Office (PGO) in Kyiv reported on Friday.

"During the investigation Kyiv's Pechersky district court arrested corporate rights, movable and immovable property (apartments, houses, land parcels, cars and parking slots) registered to the suspect and members of his family totally worth some UAH 450 million," the press service of PGO reported.

The press service said that the banker is suspected in the criminal case opened under an application of an authorized person of the Individuals Deposit Guarantee Fund under Part 2 of Article 364-1 of the Criminal Code of Ukraine (abuse of authority or office).

Earlier an investigation judge of the Pechersky district court satisfied a petition of defendant's lawyers and annulled the arrest of property and corporate rights.

The last name of the banker was not disclosed.