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In the embezzlement case, prosecutors charged two other former executives of PrivatBank.

Wednesday, February 24, 2021
In the embezzlement case, prosecutors charged two other former executives of PrivatBank.

In the embezzlement case, prosecutors charged two other former executives of PrivatBank. After it was declared insolvent, the bank was bailed out with $5 billion in public money. One of the former executives, Volodymyr Yatsenko, was detained after he fled Dnipro Monday morning in a private jet bound for Vienna. Agents ordered the pilot to land at Boryspil. His arrest order was signed at 9 am without publicity. Yatsenko was airborne at 10 am. The National Anti-Corruption Bureau is investigating to see if there was an information leak. The jet reportedly is owned by Igor Kolomoisky, the principal owner of PrivatBank before it was nationalized.

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