Special Anti-Corruption Prosecutor’s Office (SAPO) placed Oleksandr Dubilet, former CEO at PrivatBank, on the list of wanted persons on March 29.
Maksym Gryshchuk, deputy head of SAPO, shared the news with Ukrinform, a news agency. However, Dubilet’s name is yet to appear on the Interior Ministry’s wanted list.
According to Novoye Vremya media outlet, the former CEO of PrivatBank resides in Austria.
The move of SAPO comes following the recent charges that the prosecutors brought against Dubilet and his alleged accomplices.
On Feb. 22, law enforcement officials grounded a private plane in which Dubilet’s deputy Volodymyr Yatsenko was trying to fly to Vienna. Yatsenko boarded the plane immediately after the charges against him were approved.
Dubilet along with four former colleagues is accused of embezzling money from the bank shortly before its nationalization in 2016. There are two separate cases of embezzlement, of $5 million and $315 million.
Read more: PrivatBank’s former top managers charged with embezzlement. Is Kolomoisky next?
Both episodes took place on Dec. 16, the day before the state took the bank away from its former oligarch owners Ihor Kolomoisky and Hennadiy Bogolyubov. Under them, $5.5 billion were allegedly embezzled from the bank.
In one instance of suspected embezzlement, Dubilet instructed his subordinates to transfer $315 million from PrivatBank’s account in an unnamed European bank to two agricultural companies, according to National Anti-Corruption Bureau (NABU).
To cover up the embezzlement, the top management faked the documents to make it look like the bank loaned $315 million to a connected offshore company, Claresholm Marketing Ltd., the investigators found out.
The $5 million that went missing on the same day ended up in the account of an insurance company, related to the bank’s top-managers.
Dubilet and two of his colleagues transferred Hr 136 million from PrivatBank to Ingosstrakh, which Dubilet and Yatsenko control through other shareholders.
According to the NABU, Dubilet and his accomplices made two fraudulent transfers to the insurance company’s accounts disguised as deposit payments.
To make it look legitimate, they backdated the payment documents. These documents stated that Privatbank owed Ingosstrakh Hr 136 million as “indexed commission for a change in the hryvnia-dollar rate.” The bank’s original deposit contract with Ingosstrakh doesn’t include it.
