Lahun Mykola Ivanovych

Owner of Delta Bank, who left depositors with losses of 24.5 billion UAH and is hiding in Austria with 240 collectible watches

Founder and owner of PJSC "Delta Bank" — at the time of bankruptcy the fourth largest bank in Ukraine by assets. Awarded the "Banker of the Year" distinctions. In March 2015, the National Bank of Ukraine recognized the bank as insolvent; in October 2015, revoked its license and liquidated it. In 2018, the Deposit Guarantee Fund calculated the total losses of creditors at 24.5 billion UAH. Since 2022, effectively residing abroad; in December 2023 confirmed to be living in Austria.

$76.5 million of withdrawn funds, voluntary “bankruptcy” to write off 12 billion UAH of debts and 240 watches as assets

Law enforcement formed suspicions against Lahun of embezzlement of bank property totaling 1 billion UAH; a separate case concerns the withdrawal of over $76.5 million through a non-resident company in February 2015; another case involves tax evasion. In October 2024, he was announced on international wanted lists through Interpol; several proceedings were suspended due to inability to establish his whereabouts. In 2024, Lahun attempted to declare personal bankruptcy — to write off personal debts of 12 billion UAH; the court refused. The property list for creditor settlements included a collection of 240 wristwatches (Rolex, Audemars Piguet, F.P. Journe, Greubel Forsey and others), seized during the 2018 search, apartments and land in Crimea. On September 20, 2025, Zelensky imposed a ten-year NSDC sanction against Lahun.