The second detainee in the case of the Bank Mikhailovsky was Michael Buzzard. The Shevchenkovsky district court of Kiev on 29 August arrested him for two months, writes FinClub.
“Michael Kanuku determine the amount of bail sufficient to ensure compliance by the suspect of the duty under the criminal procedure code of Ukraine in the amount of 100 thousand times the minimum wage, which is 137 million 800 thousand UAH, which shall be paid by the suspect and other individuals or legal entities to the Deposit account of the Shevchenko district court of Kiev”, – read the judge of Shevchenkovsky court of its decision.
Michael Buzzard was Director of the Investment company settlement center (IRC) until may 23, 2016. He is suspected of committing the criminal offense provided by part 5 of article 191 of the criminal code (assignment, waste of property or taking to them by abuse of official position), in the framework of criminal proceedings, brought in eRDR under N42016100000000558 of June 2, 2016 on the grounds of criminal offenses under part 5 of article 191 and part 1 of article 218 of the criminal code.
Yesterday it became known about detention of one more suspect in the case Michael. Law enforcement authorities established that the detainee was the head of commercial structure created by the top management of the Bank for attraction of money of physical persons under the “attractive” conditions. The money the criminals sent to the lending on their business projects. Accounts of physical persons opened in the Bank Michael. Therefore, after the elimination of financial losses of depositors should be compensated with the Deposit guarantee Fund of individuals.