Ukraine's president nominates new central bank chief

By Pavel Polityuk

KYIV -Ukrainian President Volodymyr Zelenskiy requested parliament on Thursday to approve banker Andriy Pyshnyi, who has helped advise the federal government on implementing sanctions towards Russia, as the brand new central financial institution chief.

Pyshnyi is about to switch Kyrylo Shevchenko, who stop on Tuesday citing well being causes and mentioned on Thursday he had been recognized as a suspect in an investigation into “unlawful actions” at a financial institution he led earlier than his central financial institution function.

Shevchenko issued a press release denying any wrongdoing.

Pyshnyi, 48, is the previous head of Ukraine’s state-run Oschadbank and has helped advise the federal government on sanctions towards Russia, which invaded Ukraine in February, and towards Moscow’s ally Belarus.

Yaroslav Zheleznyak, the primary deputy of parliament’s finance, tax and customs coverage committee, mentioned on the Telegram messaging app that the committee would think about Pyshnyi’s nomination later within the day.

Parliament has formally accepted Shevchenko’s resignation and Zheleznyak has mentioned Pyshnyi might be appointed by the top of this week.

Shevchenko issued his assertion after the Nationwide Anti-Corruption Bureau mentioned 5 officers had been notified that they had been suspected of “unlawful actions” that led to the lack of greater than 206 million hryvnias ($5.58 million) at Ukraine’s Ukrgasbank between 2014 and 2019.

The bureau didn't identify Shevchenko however mentioned these notified included the one who was chairman of Ukrgasbank till 2019 – a task Shevchenko had on the time.

Shevchenko mentioned in his assertion on Fb that he was overseas having medical therapy, and that he had learnt of the bureau’s notification from media.

“I think about the resuscitation of a legal case which is already 3-1/2 years previous, and has not been investigated all this time, to be a manifestation of political persecution and settling of accounts,” he mentioned.

He mentioned he had been beneath political stress as chairman of the Nationwide Financial institution of Ukraine, however Thursday’s occasions had been surprising.

“I'm able to reply for every of my signatures! As a result of each deal concluded by Ukrgasbank beneath my management was 100% market-based,” he mentioned.

He mentioned the “revealed info” introduced by the bureau had been primarily based on “untimely conclusions made on the idea of hasty and unproven judgments”.

Ukrgasbank mentioned in a press release that the financial institution had carried out “the required inside checks”, the outcomes of which “didn't reveal any violations”.

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