Oschadbank top-managers issued a fake loan to the company which moved the money out of the country and then bought elite property

Open source

A son of Ukraine’s people’s deputy is among ten suspects detained for embezzling $20 million of Oschadbank, as Specialized Anti-Corruption Prosecutor’s Office (SAP) reported on Facebook.

“A son of an acting people’s deputy was detained and served with charge papers. He and other beneficial owners of “Creative” group (at that time) have gained corporate rights of “Chornomorgidrozalizobeton” public joint-stock company funded by the bank,” SAP informed.

The name of the son of people’s deputy remains unknown.

In total, ten people were detained and served with charge papers.

“Among them was one former bank officer, including the Deputy Chairman of bank’s board, who were preparing documents to provide a loan and hid the irregularities and violations in the documents of the credit user from the services involved,” the message says.

Besides, the evaluator, who assessed the property rights on the fake delivery contract, was accepted by the bank as the provision of the loan.

In addition, former board members, the chief accountant and five workers of “Creative” group were served with charge papers. According to SAP, they falsified some documents, contracts by transferring it to a cashless settlement.

“SAP prosecutors filed the relevant applications on all the suspects concerning the restrictive measure in a form of detention in custody with a right for bail from $35,7 thousand - $5,3 million depending on the role of each of the involved,” SAP representatives stated.

Reportedly, on October 23, under the procedural control of SAP prosecutors, National Anti-Corruption Bureau (NABU) detectives detained ten people who were served with charge papers concerning embezzling $20 million of Oshchadbank.

Earlier it was reported that NABU and SAP were preparing a petition on lifting the immunity of the people’s deputy who illegally embezzled $20 million. According to Ukrainian News, it was about Stanislav Berezkin from “Will of the Nation” group.