The Prosecutor General's Office Has Taken Up the Leadership of "Delta Bank"

Prosecutor General’s Office has taken up management of Delta Bank

The General Prosecutor's Office has opened a criminal case against officials of Delta Bank.

This was said in an interview with hromadske.tv by the head of the anti-corruption department of the Prosecutor General’s Office, Pavlo Zhebrivskyi, according to Ukrainska Novyny.

"In relation to Delta Bank, criminal cases have been opened... How can a bank fail after receiving refinancing of 11 billion hryvnias?... Or were loans issued under an inflated collateral or something else. This is the subject of the investigation, we will work in this direction," he said.

Zhebrivskyi concedes that an effective investigation by the Prosecutor General’s Office of this financial institution would encourage the bank to more actively pay a portion of deposits to its depositors.

As previously reported, 2 March the National Bank recognized Delta Bank as insolvent.

The main reason for classifying the bank as insolvent was the owner's failure to timely, effectively, and adequately take measures to improve the financial condition of the bank.

Delta Bank is controlled by former deputy head of the board of Ukrsotsbank Mykola Lagun.

Economichna Pravda