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Automatically translated version. May contain inaccuracies compared to the original.
Monobank, your money and data have been moved to a Cyprus offshore under Fedorov’s roof. Why did Gorohovsky go all-in and finance a card marketplace?
#Monobank, which entered the market in 2017 year as a pioneer of mobile banking without branches, gradually built a complex offshore empire under the leadership of co-founder Oleg #Гороховський. Behind this scheme are influential political patrons, including Mykhailo #Федоров, who helped launder assets. 🤷♂️After his resignation from his post in #Міноборони he is trying to return to national politics with financial support from Gorohovsky, who continues to publicly show him loyalty to maintain administrative cover.
The bank’s technological base was built by former top managers #ПриватБанк on the basis of LLC FINTECH BEND, where later there were major personnel and corporate reorganizations with the transfer of founders’ shares to related persons. In the autumn of 2024, control over the structure finally passed to Cypriot companies Crestline Limited and Nisets Limited from Limassol, which the Antimonopoly Committee #АМКУ agreed to transfer more than sixty-three percent of the charter capital of FINTECH BEND, while the shares of Oleg Gorohovsky and Mykhailo #Рогальський were reduced to negligible values, and the total capital of the company fell sharply.
A similar fate befell LLC EASY DCI PROCESSING, responsible for routing and authorizing transactions, and together with other Cypriot structures Oakworth Limited and Fernly Limited, brought Ukrainian technological assets under their control. In May 2026 the FINTECH BEND finally left the list of founders of the processing company, transferring rights to the Cypriots, as a result personal data of more than ten million Ukrainians ended up abroad without real accountability for their security.
✅Our response to such actions has already been formalized at the international level, as we have sent official inquiries to FATF, AMLA, FinCEN, SEC, ESMA, EBA, IOSCO, MONEYVAL, MOKAS, the European Commission, the European Central Bank, Interpol, and the Cyprus Tax Department, demanding a thorough check of this offshore structure, to identify the real beneficiaries of Crestline Limited, Nisets Limited, Oakworth Limited and Fernly Limited, to analyze the movement of cross-border assets and financial flows, and to provide a legal assessment of compliance of such schemes with international anti-financial-monitoring standards.
Materials on the topic:
▫️Can you believe that money, personal and digital data 10 of millions of Ukrainians are in the hands of an IT company without a banking license
▫️Cyprus offshore companies, drops and NBU fines: what is hidden behind Monobank’s public image
▫️Monobank has more than 10 million clients. And the company that runs your app
▫️Hidden schemes of Monobank: offshore companies, IT firms without licenses, PrivBank management
▫️Gorohovsky’s Monobank pressures citizens with nonexistent debts
#скарга #юридичнаклініка #банк #цифровізлочини #податковісхеми
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