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Raiffeisen Bank Aval Pays Bail For Board Chair Pisaruk

Raiffeisen Bank Aval has paid a bail for the chairperson of the board of the bank, Oleksandr Pisaruk.

A representative of the bank announced this to Ukrainian News Agency.

Earlier, the High Anti-Corruption Court decided to elect a preventive measure in the form of a bail in the amount of UAH 5 million for Pisaruk.

Raiffeisen Bank Aval said that it would take all the relevant steps to pay a bail as required by the court.

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As Ukrainian News Agency earlier reported, the High Anti-Corruption Court refused to arrest Pisaruk and set him a bail of UAH 5 million.
Pisaruk is suspected of involvement in embezzlement of UAH 1.2 billion in a stabilization loan of the National Bank.

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