(Adds details, background)
KIEV, Jan 16 (Reuters) – Ukraine’s central bank said on Tuesday an investigation into PrivatBank, the country’s largest lender which was taken into state control in 2016, showed it had been used for money-laundering and shady deals over at least a decade.
Representatives of PrivatBank’s former main shareholders did not immediately provide comment, but have previously denied any wrongdoing.
The allegations of the central bank, which echo those it made at the time of the bank’s nationalisation and follow a probe it commissioned by the global agency Kroll, are part of a long-running dispute over PrivatBank that has spawned hundreds of legal cases.
“The investigation has identified that Priv…
Read the full article at: http://www.kitco.com/news/2018-01-16/UPDATE-1-Ukraine-apos-s-cenbank-says-PrivatBank-was-used-for-shady-deals-money-laundering.html
