Pechersk District Court of Kyiv granted the investigator of the General Prosecutor’s Office access to accounts of a number of companies in the Privatbank case. The relevant decisions were made by the court on September 4, according to FinClub.
On June 6, 2017, the Prosecutor General’s Office conducts an investigation into the creation of a criminal organization, as well as the leadership of such an organization and participation in it in order to capture Privatbank funds in 2008-2016 by former officials of the financial institution in particularly large amounts.
According to the investigation, from 20 October to 22 November 2016, Privatbank concluded loan agreements with 36 legal entities for 126.9 billion UAH for a term of 8 to 10 years at a rate of 10.5 % per annum.
Within two days from the date of receipt of credit funds, all borrowers transferred them to repay the loans of 193 legal entities that were granted in previous years.