In IMF talks, Ukraine leader promises probe into banking abuses

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In IMF talks, Ukraine leader promises probe into banking abuses
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Ukraine's President Volodymyr Zelenskiy on Friday at a meeting with the Int...

KIEV - Ukraine’s President Volodymyr Zelenskiy on Friday at a meeting with the International Monetary Fund promised to safeguard the central bank’s independence and supported a comprehensive investigation of abuses in the banking sector.

IMF officials are visiting Ukraine for talks on a new loans-for-reforms program to replace a $3.9 billion stand-by deal that expires next year. A statement published on the presidential website also said Zelenskiy and senior IMF officials discussed PrivatBank, Ukraine’s largest lender, and energy sector reforms.

Zelenskiy, who has longstanding business ties with Kolomoisky, has demanded an investigation after the home of former Central Bank Governor Valeria Gontareva, responsible for nationalizing the bank, was torched in a night-time attack.

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