Join 10,000+ Kyiv Independent members todaySupport our reporting
Monday, March 20, 2023

Ukrainian court issues arrest warrant for ex-central bank chief.

by The Kyiv Independent news deskDecember 8, 2022 9:36 pm
Share

The High Anti-Corruption Court of Ukraine has issued an arrest warrant in absentia for Kyrylo Shevchenko, a former chairman of the National Bank of Ukraine, the Anti-Corruption Action Center reported on Dec. 8. 

Shevchenko is suspected of organizing a corruption scheme to embezzle 206 million hryvnias (over $5.5 million) from Ukraine's Ukrgazbank. 

The court’s decision may be grounds for extraditing Shevchenko from Austria, where he is allegedly undergoing medical treatment. 

If Shevchenko returns to Ukraine, he must be detained at the border and brought to court within 48 hours, the report reads. 

Kyrylo Shevchenko was appointed chairman of the National Bank of Ukraine in July 2020. 

In October 2021, Bloomberg reported that President Volodymyr Zelensky wanted to fire Shevchenko. Zelensky publicly questioned Shevchenko’s performance and even said he regretted appointing him. 

The Ukrainian parliament dismissed Shevchenko in October 2022. He attributed his resignation to “health reasons,” aggravated by “two years of political pressure,” which had intensified before he left the post.

The Kyiv Independent news desk
The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

Share our dream.
Support our reporting
I dream of the day when the main headline on the Kyiv Independent’s website will be ‘UKRAINE WINS’ and we can start covering the post-war transformation of Ukraine.
Olga Rudenko, editor-in-chief
visamasterCardpaypal