Prosecutor's office suspects ex-head of Inprombank's branch head of embezzling UAH 52 mln

 Kyiv City Prosecutor's Office has notified former director of Kyiv's division of Inprombank that he is suspected of embezzling the bank's funds on an especially large scale during refinancing operations, the press service of Kyiv City Prosecutor's Office has reported.

According to the report, during the pretrial investigation it was established that the suspected person in the period from May 19, 2010 through January 28, 2011 embezzled refinancing funds provided by the National Bank of Ukraine (NBU) to support the bank's liquidity in the amount of almost UAH 52 million.

The ex-manager is suspected of committing a crime under Part 5 of Article 191 of the Criminal Code of Ukraine (misappropriation, embezzlement or conversion or property by malversation committed in respect of an especially gross amount).

The pretrial investigation is underway.

Inprombank was registered in 1993. The NBU revoked its banking license in March 2012.