In Ukraine, “lost” Deutsche Bank loan at $ 700 million

In Ukraine, the Deutsche Bank loan was “lost” of $ 700 million allocated by the State Railway Company for the construction of the bridge in Kyiv. The loan was provided two months before the fall of the Government of Prime Minister Viktor Yanukovych. The new government discovered that the amount from 230 to 320 million dollars did not pass in the reporting and simply disappeared, reports The Daily Telegraph , the article published by Inopressa .

Ukrainian auditors, special services and the prosecutor’s office are investigating, but the searches of money are interfering with the fact that the Minister of Transport, who oversaw the use of a loan, Grigory Kirpa, died of a shot to the head on December 27, the British newspaper notes.

The death of Cyrus is investigated: there are suspicions that he could be forced to commit suicide. He was an important figure in the government of Yanukovych, who won the ambiguous presidential elections, but could not take advantage of their fruits due to street protests. Deutsche Bank said the deal was a private loan to the Ministry of Finance. The representative of Ben Dobson, a representative of the weekly Finance: "A combination of improvements in the economy with a fall in quotas in other developing markets increased the attractiveness of Ukraine for creditors."

In the past few weeks, Deutsche Bank has opened a credit line for 2 billion euros of the Ukrainian National Oil and Gas Company.

The construction of the railway bridge across the Dnieper began in Kyiv shortly after the Ukrainian Cabinet of Ministers approved the credit agreement on October 15. The supports of the bridge are partially built, but the work is stopped or carried out very slowly. “Construction has begun, but there is no money,” said Deputy Minister of Transport Zenko Avtanazov in March.

The bridge is considered an important project for the Ukrainian capital, where traffic jams from trains that deliver workers from the east in the morning arise daily.