Ex-PrivatBank co-owner accuses top bank executive of facilitating the sale of Borivazh port at a loss
The former co-owner of PrivatBank accused the bank's top manager of facilitating the sale of the Borivazh port at a loss (photo by RBC-Ukraine)
The former co-owner of PrivatBank, Oleksii Martynov, accused the Deputy Chairperson of the Management Board (responsible for financial matters), Larysa Chernyshova, of facilitating the sale of the Borivazh port to a company linked to Serhii Tihipko, resulting in losses for the state.
According to the businessman, Chernyshova previously worked under his management.
“The current head of PrivatBank, Larysa Chernyshova, worked directly under Serhii Tihipko for a long time. On August 23, 2007, Larysa Chernyshova was appointed Deputy Chairperson of the Management Board and Chief Risk Specialist at Swedbank, holding this position until April 30, 2010. Around the same time, from 2006 to June 12, 2009, Serhii Tihipko served as the Chairperson of the Management Board of OJSC Swedbank,” Martynov said.
In his opinion, this connection may explain why the rules for conducting open e-auctions for selling PrivatBank assets were changed just before the reduction auction for Borivazh was announced.
“This is also why neither court injunctions nor criminal cases could stop former subordinate Larysa Chernyshova when her former boss asked to sell him this valuable asset, even if it was against the interests of the bank and the state,” the businessman added.
On December 23, the state-owned PrivatBank sold loans of LLC Borivazh. The buyer is reportedly linked to Serhii Tihipko.
Part of the claims under loan agreements with LLC Borivazh, amounting to nearly UAH 3.556 billion, was sold for UAH 2 billion. The collateral asset’s value, according to experts, is estimated at UAH 15 billion.
