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Exclusive: Inside the years-long scheme to turn a nationalized bank into Zelensky allies’ 'piggy bank'

Documents obtained by the Kyiv Independent show that a scheme at the center of Ukraine’s latest corruption scandal was years in the making, built by manipulating a state-owned bank’s oversight board after its nationalization in 2023. On Aug. 19, Ukraine's anti-corruption authorities accused associates of President Volodymyr Zelensky of using Sense Bank, formerly Russian-owned Alfa Bank, to launder Hr 150 million ($3.4 million). The National Anti-Corruption Bureau (NABU) says the funds were used

About Lithuania

Lithuania is a Baltic state covering 65,300 square kilometers (25,212 square miles) with a population of approximately 2.8 million. Lithuania’s capital is Vilnius. The country is one of the top providers of military aid to Ukraine in terms of percentage of GDP, with total aid exceeding 1.7 billion euros. Lithuania hosts Ukrainian refugees, supports sanctions against Russia, and advocates for Ukraine's NATO and EU membership.

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