In the operation with Kurchenko’s Brokbusinessbank, which was carried out by Valeria Gontareva’s company, and as a result, the National Bank, having spent 2 billion UAH, was not to blame.
Well, the sad story of the arrest of the head of the NBU, Boris Prikhodok, and the possible arrest of the head of the Agrarian Fund, Oleksandr Kiryuk, is full of facts. Obviously, after a few months we find out that no one is guilty of anything. Judging by the decision of the State Court of Kiev, all participants in the scheme began to prepare their own indulgences due to what is officially called “the seizure of state funds in the amount of 2 billion UAH.” The operation itself was already described in ZMI, so it’s so easy to imagine, adding details from the ship’s decision. Otozh. Participants: Kurchenko’s “Brokbusinessbank”, the Agrarian Fund, the National Bank and LLC “Investment Capital Ukraine” (ICU) – the head of the National Bank was Valeriy Gontarev. The hour of operation is the beginning of 2014, the remaining days before Yanukovych’s passing.
Дія перша. The Agrarian Fund hopes to earn a few pennies through additional repo operations. The gist of it is that AF sells a jar of valuable papers, and buys them back within a certain hour. Earnings result from the fact that the gate purchase is carried out at a lower price: pay for the bank, which is worth valuable papers. The operation is completely legal and popular. The Agrarian Fund has established Brokbusinessbank Kurchenko as its partner bank. І 12 years ago, having transferred to him valuable papers - bonds of the domestic power, which amounted to UAH 2,069 billion. The gate purchase will take place on May 6-13, at a price of UAH 2,067 billion. Then your earnings will add up to about 2 million in three months. Who cares – it came out at 0,4% of the river. However, in reality, this is a net surplus, the fragments of this OVDP are small from the starting yield of 14,3% of river funds, which the state budget pays. That one's foot was crushed.
Дія друг. In order to earn pennies besides worthless interest on repo, the Agrarian Fund raised UAH 2,069 billion. Don’t take it from the bank, but immediately put it on a short-term deposit there.
Дія третя. “Brokbusinessbank”, having taken over the hands of OVDP from farmers, having figured out how to earn money on them and having carried out the very same repo operation, is now with the NBU. On that very day - February 12th, Brokbusinessbank sold agricultural bonds to the National Bank with the right to buy through a direct repo. At that very hour - three months.
At first glance, everything looks quite clean: the government deposited bonds with the commercial bank, which deposited them with the National Bank. Three months later, having bailed out from the NBU, the commercial bank became more important than the sovereign enterprise, and as a result, everyone earned money – some more, some less. There is only one optimistic picture: “Brokbusinessbank” has collected cash for itself, knowing that it will not give it away (itself so ordered by the court’s decision). I didn’t give in.
Here lies the main intrigue: if the men of power knew that transferring pennies to the bankrupt was a crime, but if they didn’t know, then it was simply a service dishonesty. And the great nuance of this story lies in the fact that the presence of officials in the scheme of LLC “Investment Capital Ukraine” (ICU) will help to deceive officials. This is due to the fact that the Agrarian Fund LLC has hired itself as a broker for all transactions with valuable papers. This is also in order to learn about the possible risks of such operations. About those that “Brokbusiness” met in Ukraine, knowing someone else. And not too late, but much earlier. Zreshta, Gontareva herself, already not being the head of the ICU, but the head of the NBU, said the same thing: “Behind our statements, the negative capital of this bank, even if Kurchenko came there (in 2013, it was “NG”), having become 3,5 billion hryvnia, then you need to give 3,5 billion hryvnia to bring the bank to zero in terms of capital, and then contribute a large amount to support capital adequacy at the required level.” And this knowledge, no less, did not help ICU managers to transfer the Agrarian Fund, which is not easy to do with Brokbusinessbank. Moreover, the Gospodar's court will completely vindicate the brokers. At the court meeting, the Agrarian Fund insisted on terminating the contract with ICU through those who “without informing about the risks of establishing the contract,” wanting to please Mavbi. The court found that the broker was right to “preempt the risk of pleasing with valuable papers,” however, in the context of the services that the Agrarian Fund could be classified as ICU, it was not clearly written: “repo operations.” From which the court drew a conclusion that here the brokers were concluding a purely technical function. If AF had messed up any other business with valuable papers, then the stockbrokers would have gotten ahead.
As a result, the officials of the Agrarian Fund look absolutely innocent: they did not invest the money themselves, but under the gaze of a visible office: “We filed a lawsuit against her, but they were justified.” Officials from the NBU are also pure: we received “Brokbusiness” transfers of OVDP, we were paid for them, but we were paid not for travel, but for valuable papers, before that the state. ICU is also pure - it was brought by the court of the first instance, and it is unlikely to be a friend. In short, Brokbusinessbank will be deprived of pure evil. Ale Kurchenkova has one more evil, one less... It became clear that everything was wrong. And everyone knew everything, and there were dozens of “everyone.” For Yanukovych's time, in order to pump out 2 billion, it was necessary to go through a lot of Paper procedures, strengthening the decisions of the visual councils, punishments of the Ministry of Agrarian and Commercial Complex, official and secret negotiations - the work of a lot of people, including clerks to ministers. But in order to bring everything to an end, you need to finish the final bets, and all other arguments for the assortment of witnesses. In this case, it may turn out that the culprit is not just Kurchenko, but a lot of people, including independent brokers. So it’s much easier to pin everything on one “refugee” and his team. I stop. The court ruled that the agreement between the Agrarian Fund and BrokBusinessbank was invalid, and therefore, after the decision of the NBU, returned to the farmers their OVDP. So what did they lose with their own people? And the National Bank, having spent 2 billion, has strengthened its personnel. Well, then - let him be happy.
Oleksiy Shalaysky, Our Money
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