Kyiv's Prosecutor General's Office (PGO) has opened a criminal case against managers of Delta Bank over embezzlement of over UAH 4.5 billion.
The pretrial investigation was launched under materials from the Individuals' Deposit Guarantee Fund, the press service of Kyiv's Prosecutor General's Office said.
"It was established that in 2013-2015 managers of Delta Bank embezzled funds of the bank via carrying out fabricated credit transactions using accounts of over 60,000 clients," the office said.
Information about committing a crime under Part 5, Article 191 of the Criminal Code of Ukraine (embezzlement of property via abuse of office on an especially large scale) was added to the public register of pretrial investigations.
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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 NBU.
Ukrainian law enforcers sent materials about First Deputy Board Chairman of Delta Bank Board Vitaliy Masiura to Interpol to put him on the wanted list, but his name is still not in the database.