Ukrainian CB deputy head detained on suspicion of $170mln theft

Ukrainian CB deputy head detained on suspicion of $170mln theft

PanARMENIAN.Net - The Ukrainian prosecutor's office has detained a deputy head of the central bank on suspicion of involvement in the theft of more than $170 million in state funds, Reuters reported.

Borys Prykhodko was appointed to his position during the presidency of Viktor Yanukovich, whose rule was marred by accusations of widespread corruption. He is the most senior official detained since Yanukovich's overthrow in February.

"Prykhodko has been remanded in custody", First Deputy Prosecutor General Mykola Herasimyuk told a news conference.

Herasimyuk said Prykhodko was suspected of taking part in a scheme with several others under which about 2 billion hryvnia ($172 million) was taken from the state agriculture fund, created to help control domestic prices.

Ukraine's new, pro-Western leaders have made allegations pointing to theft on a vast scale during Yanukovich’s rule.

Prime Minister Arseny Yatseniuk said in February that loans worth $37 billion had gone missing from state coffers and $70 billion had been sent out of the country during his rule. Yanukovich has dismissed the allegations.

 Top stories
The Russians told the United States that they should not fly U.S. warplanes in Syria, but gave no geographical information.
Because liquid water is essential to life, the finding could have major implications for the possibility of microscopic life forms on Mars.
“If our very vital and close partner ODIHR cannot observe, that we also don’t observe in Azerbaijan,” OSCE PA President said.
Azerbaijan's insistence on a restricted number of observers runs counter to the country’s OSCE commitments, an official said.
Partner news