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Sense Bank supervisory board chair fired

The Cabinet has terminated the authority of Mykola Hladyshenko, chairman of the supervisory board of state-owned Sense Bank, Prime Minister Sergii Koretskyi said on Aug. 21.

Sense Bank supervisory board chair fired

Prime Minister Sergii Koretskyi terminated the board chairmanship of Mykola Hladyshenko at state-owned Sense Bank on August 21. This decision came after the National Anti-Corruption Bureau of Ukraine (NABU) published an investigation implicating the bank in a money laundering scheme involving several state officials. The finance ministry recommended that the government appoint a state representative to the bank's supervisory board to quickly form a quorum and address the need for proper corporate governance.

NABU launched a special operation, "Forrest Gump," on August 19, exposing a group that laundered UAH150 million ($3.4 million) to post bail for a suspect in the Midas case. The scheme allegedly involved a deputy head of the Presidential Office, a former lawmaker, and the bank's chairman and supervisory board chair. Searches at Sense Bank confirmed the existence of investigative actions.

Written by urgent.news from New Voice of Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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