Ihnatenko Oleksandr Stepanovych

52 fictitious contracts and 206 million UAH in "agent" payments

Oleksandr Ihnatenko is a banker whose career at two consecutive state banks ended with a criminal proceeding and a deal with the anti-corruption prosecutor's office. He graduated from the Institute of International Relations of Taras Shevchenko National University of Kyiv (1999). He began his banking career at Crédit Agricole in 2009, then worked at Ukrsibbank and Ukrgasbank.

From 2014 to 2020, Ukrgasbank management used information about service contracts concluded with large clients to organize payments to fictitious "agents"—allegedly for attracting these clients. As a result, more than 206 million UAH belonging to the state bank was transferred without grounds to the accounts of 52 fictitious entities. Ihnatenko was charged with facilitating document forgery and official negligence.

Deal with the investigation: a fine instead of imprisonment

The High Anti-Corruption Court approved a plea deal between the Specialized Anti-Corruption Prosecutor's Office and Ihnatenko. "Ukrainska Pravda" noted that the compensation of damages did not constitute a true punishment for Ihnatenko, and the agreements with him seem to have an informal character extending beyond the official deal.

Since March 2020, Ihnatenko joined Ukreximbank as a board member. From August 2022 to May 2023, overdue accounts receivable under defense contracts increased by 33.2 billion UAH—to 36.3 billion UAH. Ihnatenko resigned from Ukreximbank in August 2023—"at his own initiative."