By KYIV. May 10 (Interfax-Ukraine) – President of the Polish-Ukrainian Chamber of Commerce Jacek Piechota has become a trustee of Idea Bank (Lviv), controlled by the Polish Getin Holding S.A.
As Getin Holding reported on the Warsaw Stock Exchange, on May 9, it received the decision of the Banking and Payment Systems Supervision Committee of the National Bank of Ukraine (NBU), adopted the day before.
“According to the above decision, the powers to exercise the right to vote with 323,072,875 shares of Idea Bank Ukraine (100% of the charter capital) owned by the issuer were transferred to the trustee for a period until the issuer removes the violation, for which an influence measure was applied in the form of a ban on the exercise of the right to vote with shares of Idea Bank Ukraine,” the holding said.
Piechota, as indicated on the chamber’s website, was a Polish politician between 1985 and 2007. He was a member of the Sejm, Minister of Economy in the government of Prime Minister Leszek Miller from 2001 to 2003, and Minister of Economy and Labor in the government of Prime Minister Marek Belka in 2005. The co-president of the chamber is the ex-minister of economy and finance, ex-deputy governor of the NBU and ex-board chairman of PrivatBank Oleksandr Shlapak.
As reported, the NBU imposed a temporary ban on voting rights for 100% of the shares of Ukrainian-based Idea Bank (Lviv) due to the recognition of the faulty business reputation of both the financial holding itself and its main owner Leszek Czarnecki. The NBU has set a one-year period for Czarnecki and Getin Holding to eliminate the violation.
