Ukraine’s new Supreme Anti-Corruption Court has put under 24-hour house arrest two former central bank officials

Ukraine’s new Supreme Anti-Corruption Court has put under 24-hour house arrest two former central bank officials in the 5-year-old case of a suspicious $50 million loan to a bank that failed one month after receiving the loan. In VAB case, the detained bankers are: Alla Shulga, ex-head of banking supervision of the National Bank of Ukraine and now a member of Ukreximbank’s Supervisory Board; and Mykola Kalensky, ex-acting head of the Kyiv department of the bank and now a board member National Bank of Ukraine. In addition, National Anti-Corruption Bureau detectives delivered a notice of suspicion “to the owner and former chairman” of the bank, apparently a reference to Oleh Bakhmatyuk, the agro-business magnate.