Ukrgasbank was deprived of the opportunity to use its own accounts.

UkrgasbankUkrgasbank management was completely perplexed by the receipt of a letter containing an order to recover funds from the bank in favor of Ukrconcept and freeze the financial institution's accounts. This order was issued by the State Enforcement Service based on an order from the Kyiv Commercial Court. Representatives of the financial institution insist there was no basis for such an action; in fact, they believe these actions are illegal.

According to the state institution's press service, "As of July 30, the bank had not received either a ruling to initiate enforcement proceedings or a ruling to seize the debtor's funds, and the bank appealed the commercial court's decision to the cassation court... Ukrgasbank's management is extremely concerned about this attempt to illegally seize the bank's funds and is taking all possible measures within its authority to protect the interests of the state, shareholders, and clients of the bank. The relevant reports have been sent to Ukrainian law enforcement agencies."

Current actions by the bank's internal services include filing a complaint with the Ministry of Justice and the State Enforcement Service, and submitting a petition to withdraw payment demands and postpone enforcement actions until a final verdict is rendered by the Supreme Economic Court.

SKELET-info

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