Ukraine’s Minister of Finance demands resignation of Prosecutor General

During a press conference in Kyiv, the Minister of Finance of Ukraine, Oleksandr Danylyuk, demanded the resignation of the Prosecutor General Yuri Lutsenko, reports TCN.

“He discredits the Ukrainian people and international partners of the president and parliament, who entrusted him with such an important position, and the government as a whole, and therefore must resign,” Danylyuk said.

The Minister of Finance also noted that the Prosecutor General has not been able to bring important criminal cases to court. Danylyuk added that within this context, the “casual” meeting between Lutsenko and former owner of Privatbank Ihor Kolomoyskyi in Amsterdam on the eve of the trial in London “raises even more questions.”

On Wednesday, December 20, the High Court of London seized more than $2.5 billion in assets of former owners and managers of Privatbank Ihor Kolomoyskyi and Gennadiy Bogolyubov. The suit against them was filed by Privatbank in order to return the funds withdrawn from the bank and make former owners to repay the unfulfilled obligations for refinancing.

Privatbank was nationalized on December 21, 2016. It was sold to the state for a symbolic amount of one hryvnia. The Ukrainian authorities said that such a decision was made to stabilize the financial system. Prior to nationalization, the main owner was Ihor Kolomoyskyi, who owned 41.6% of the bank. Bogolyubov owned 33.2%. After nationalization, the shares were transferred to the Ministry of Finance of Ukraine.

  Oleksandr Danylyuk, Lutsenko, Prosecutor General, Ukraine