Court releases $30 million belonging to the ex-head of Ukrhimtransammiak in Swiss bank
The Appellate Court of Kyiv released $29.6 million in an account in Vontobel Bank (Switzerland) which belongs to a company owned by Victor Bondik, the former general director of the state –run company Ukrhimtransammiak.
The court’s decision, handed down on January 31st, is available in the Common Register of Judgments.
The matter involves the non-resident company Spess Asset Management, of which Bondik is both the owner and ultimate beneficiary.
The funds were frozen by the Holosiivskyi Circuit Court on December 13, 2016 at the request of investigators of the Holosiivskyi Police Department in connection with criminal proceedings involving the embezzlement of 130 million …read more