In Latvia, the ex-president of the bank, Rainis Tumovs, was detained, whom the National Police suspects of embezzling almost 300 million UAH, a PolitNavigator correspondent reports.
This was reported by the Department of Economic Protection of the National Police of Ukraine.
“At the request of the Ukrainian side, law enforcement agencies of the Republic of Latvia detained the president, one of the owners of CityCommerce Bank OJSC, who was on the international wanted list. The president and chairman of the board of this financial institution, through commercial structures controlled by them, withdrew the bank’s assets in the amount of UAH 300 million. Materials for the extradition of the detainee are now being prepared,” the message says.
During the investigation, it was established that during 2013-2014, officials issued loans to fictitious companies, and legalized the funds through commercial structures controlled by them. In particular, fictitious enterprises were provided with loans secured by property, the value of which was inflated tens of times.
Both officials were informed of suspicion: the president - one of the owners - CityCommerce Bank OJSC, under Part 3 of Art. 27 hours 5 tbsp. 191 (appropriation, embezzlement of property or taking possession of it through abuse of official position) of the Criminal Code of Ukraine and Part 3 of Art. 209 (legalization (laundering) of proceeds from crime) of the Criminal Code of Ukraine, and the chairman of the board under Part 5 of Art. 191 (misappropriation, embezzlement of property or taking possession of it through abuse of official position) of the Criminal Code of Ukraine.
In 2017, the bank's managers were put on the international wanted list. In October 2018, Latvian law enforcement agencies detained the president of CityCommerce Bank OJSC. Currently, he has been given a preventive measure of detention for a period of one year.
Now law enforcement officers are preparing materials on the extradition of the banker detained in Latvia.
The NBU liquidated CityCommerce Bank on March 19, 2015.