Vice President of the Chamber of Commerce and Industry of Ukraine Rostyslav Korobka is involved in a corruption scheme to withdraw money from the Stolichny bank, which led to a total loss of 409 million hryvnias. About this edition 368.media said a source from the Deposit Guarantee Fund of individuals.
Rostislav Box. Investor from Poroshenko
Korobka has long worked in senior positions in companies in the insurance and investment sectors. In 2015, he was elected Vice President of the TPPU. Its task was to attract foreign investment and their support. Then they indicated that he personified entourage of President Petro Poroshenko. All investment activity of the vice president was reduced to trips abroad for public funds. There were no real results for the Ukrainian economy.
However, Korobka had more success with the withdrawal of funds from PJSC JSB Stolichny from Sumy. How this happened can be found in the materials of the Deposit Guarantee Fund. According to these data, funds began to be withdrawn during the Euromaidan.
The Board of the Bank “Stolichny” opened credit lines for a number of companies secured by non-government securities. These were the following companies:
- Optimal Trade Group LLC UAH 10 million
- Pride Invest Company LLC UAH 7.16 million
- CHAT LLC UAH 30 million
- BK Garant-Invest LLC UAH 31 million
- Energo Group Trade LLC UAH 31 million
- Arch-stroy-invest LLC UAH 19 million
- Intermedia LLC UAH 18 million
- Capital Systems Company LLC UAH 31 million
In early July 2015, the NBU board classified the bank as insolvent and introduced temporary administration in it. Vladimir Kukharev was appointed as the authorized person of the fund. Up to this point, credit lines to companies have been revised upwards several times. At the same time, there was a significant decrease in interest rates.
The first five borrowers from the aforementioned list have had their loans increased to UAH 39 million each. Arch-Stroy-Invest was raised to UAH 31 million, Inter-Media to UAH 30.3 million. In total, the bank lent the companies UAH 255.6 million. By the time the bank was withdrawn from the market, funds lent to these firms accounted for 56.4% of the loan portfolio.
An internal audit found that loans were issued to loss-making companies without any assets. More specifically, the debt of borrowers on loans received significantly exceeded the value of their assets. In rare cases, the ratio reached 300%! And the source of payment of interest for most borrowers was the funds of other borrowers of the bank.
All these companies were connected in one way or another with the management of Stolichny Bank and Korobka. We are talking about BK Garant-Invest LLC. It is this company that the schemer uses for his investment construction projects in the capital. You can read more about this in our previous investigation.
As for other firms-borrowers, they are also connected with the management of the bank. For example, the founder of Arch-stroy-invest LLC was a relative of the head of the Stolichny lending department. The then founders of BK Garant-Invest and Inter-Media were also shareholders of the bank.
What was the essence of this scheme? All credit lines were opened on the security of non-government securities, namely the following PJSCs: Active Trade, Siam Capital, Profinance, Velykopolovets RTP. Investment certificates were also pledged.AMC City asset management“.
And the main problem with these papers was that they were junk. For example, Active Trade was included in the list of companies with signs of fictitiousness in 2015 and the circulation of papers was stopped. Moreover, the company did not carry out economic activities in 2013-2014.
«Сіам капітал» та «Профінанс» фігурували у числених кримінальних справах щодо фіктивного підприємництва та ухилення від сплати податків (№ 42015100110000351, № 4201600000001331, № 3201610004000049, № 22014101110000065, № 3201710010000080, 32014100110000238, № 420140000000000368, 32017100000000066, № 42016100000001118). Their securities, according to the investigation, were junk.
That is, these enterprises issued securities, knowing that they were worth nothing.
All these firms, as well as AMC City Asset Management, are connected through third parties with PJSC Ukrainian Industrial Insurance Company. Until recently, its director was Maxim Dubovoy – Confidant of the Box.
And what is most interesting – Korobka, through his junk papers, credited his company “BK Garant-Invest” through a bank.
Thanks to fraud with non-government securities, the bank lost more than UAH 409 million, primarily due to the lack of payments and the action of the DGF to sell loans to other institutions.
Rostislav Box. Without punishment
Korobka and Dubovoy, using connections with corrupt officials of the Deposit Guarantee Fund, before the introduction of the interim administration, withdrew a large amount of funds to their own companies. This assistance was provided by the former First Deputy Head of the Presidential Administration Vitaly Kovalchuk, who is in close relations with Korobka.
Now the Fund itself is suing borrowers in vain. At the same time, law enforcement officers ignore this fact. Despite numerous criminal cases, they were not punished and built their own business during the war.
The same schemes Korobka and Oak were carried out in other Ukrainian banks.
DOSSIER: Vitaliy Kovalchuk: will Poroshenko bankrupt the “network” falsifier Bankova? PART 1