Ukreximbank’s chairman was released on $120,000 bail on Tuesday only to find that the Finance Ministry had posted a competition for his job

Ukreximbank’s chairman was released on $120,000 bail on Tuesday only to find that the Finance Ministry had posted a competition for his job. Oleksandr Hrytsenko, chairman of the state-owned bank, was arrested Saturday on charges of embezzlement, money laundering and creating a criminal organization. The Finance Ministry says it decided on Friday to conduct the job search. Hrytsenko, who was close to President Poroshenko, has held the job for five years. Odgers Berndtson Ukraine is conducting the search. The deadline is Dec. 2.