Ukraine's PM instructs Finance Ministry to sell Sense Bank and allocate proceeds to military
Ukrainian Prime Minister Serhii Koretskyi has announced that the Ministry of Finance has been instructed to sell Sense Bank.
Source: Koretskyi on social media
Quote: "The Ministry of Finance has a clear task to accelerate the process of selling Sense Bank.
Maximum transparency, competitiveness and efficiency of this process must be ensured."
Details: Koretskyi added that the proceeds from the sale of the bank will go towards the needs of Ukraine's defence forces.
The Ministry of Finance and the National Bank of Ukraine have also been told to resolve all the problems that have accumulated at the bank and ensure transparent and high-quality corporate governance.
Background:
- On the morning of 19 August, the National Anti-Corruption Bureau of Ukraine (NABU) conducted searches at the office of Sense Bank's supervisory board, including the premises of the now-removed supervisory board chairman, Mykola Hladyshchenko.
- NABU and the Specialised Anti-Corruption Prosecutor's Office (SAPO) have uncovered a criminal scheme that arranged for money to be laundered so that bail could be posted for former energy and justice minister Herman Halushchenko.
- The bank stated that it is cooperating with law enforcement agencies and providing the necessary information. At the same time, it declined to disclose details due to restrictions on disclosing pre-trial investigation data.
- On the evening of 19 August, the Cabinet of Ministers adopted a decision to remove Hladyshchenko as chairman of the supervisory board of Sense Bank.
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