Tymoshenko Keeps Her Party’s Money in Veles Bank, Which Honcharova Called the "Dirtiest"

Tymoshenko keeps her party’s money in Veles Bank, which Honcharova called the "dirtiest"

The largest amount of funds belonging to Yuliia Tymoshenko’s political force is held in a bank that has been accused of fraud.

Reported by the ANTICOR portal citing the media.

Batkivshchyna holds the party’s funds in four Ukrainian banks. However, the largest portion of the party’s finances is kept in a bank that has been accused of fraud. This is reported in a study by the Eidos Center.

The largest amount of funds – 180 thousand UAH – is held in Veles Bank, which belongs to former Batkivshchyna MP Kostiantyn Bondaryev. This bank had been in liquidation over fraudulent activities, but a court restored its operations in November. In her remarks, NBU head Valeriia Honcharova called Veles the "dirtiest bank for money laundering."

Notably, the party held only 14 thousand 825 UAH in Viktor Subbotin’s Megabank, and the state-owned Ukrgasbank had no funds at all. Fidobank, which is also in liquidation, held 131 hryvnia on its accounts.

According to Batkivshchyna’s report, in 2016 year out of more than 6 million in revenues that the party received in 2016 year, 5,78 million UAH were made as charitable contributions to its accounts.