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Lukashenko stands committed to keep Belgazprombank afloat even without Russia’s presence

<p> MINSK, Aug 3 - PrimePress. President of Belarus Alexander Lukashenko says he intends to save and support Belgazprombank OJSC, even if the shareholders–Gazprom and Gazprombank–pull out. He spoke about this at the meeting with head of the Belgazprombank interim administration Nadezhda Yermakova on August 1, the presidential press office reports. </p> <p>   </p> <p> “I ask you to keep things order in the bank. It must not be ruined. If Gazprom decides to give it up, so be it. The workers are in place; the skills are there; opportunities will come. We will support this bank with the National Bank. This is about our people and our enterprises. Yes, the situation is tense because of corrupt practices, but we have enough experience for keeping banks afloat and ensuring their normal functioning,” Lukashenko said. </p> <p>   </p> <p> Yermakova told reporters later that the Russian owners of Belgazprombank refuse to communicate with the interim administration. She said that, possibly, Belgazprombank would be not as big as it used to be, if the owners pulled out and refused to invest.” </p> <p>   </p> <p> The interim administration was appointed to Belgazprombank on June 15, 2020 by resolution No.192 of the National Bank of Belarus of June 14, 2020. The Financial Investigations Department of the State Control Committee of Belarus searched the bank’s office on June 11 as part of the criminal case on tax evasion, and detained 20 persons, including, according to some sources, two deputy chairs of the Board. </p> <p>   </p> <p> Primary shareholders (Russian Gazprom and Gazprombank) called the actions of the National Bank and Belarus’ law enforcement illegal and refused to cooperate with the interim administration. </p> <p>   </p> <p> For two decades, Belgazprombank was headed by Viktor Babariko, who attempted to run for president in the election scheduled for August 9. Babariko was detained on June 18. He said that no complaints had been filed against the bank and related companies. He believes the actions of the authorities are politically motivated. </p> <p>   </p> <p> Belgazprombank OJSC was established in 1990 as an authorized bank of Gazprom Group in Belarus. Russian Gazprom PJSC and Gazprombank JSC own 49.66% stake in Belgazprombank each; Gazprom Transgaz Belarus – 0.49%; the Republic of Belarus represented by the Ministry of Energy of Belarus – 0.097%. Belgazprombank is assigned to the system significance Group I. End </p>

2020-08-04

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Lukashenko stands committed to keep Belgazprombank afloat even without Russia’s presence

MINSK, Aug 3 - PrimePress. President of Belarus Alexander Lukashenko says he intends to save and support Belgazprombank OJSC, even if the shareholders–Gazprom and Gazprombank–pull out. He spoke about this at the meeting with head of the Belgazprombank interim administration Nadezhda Yermakova on August 1, the presidential press office reports.

 

“I ask you to keep things order in the bank. It must not be ruined. If Gazprom decides to give it up, so be it. The workers are in place; the skills are there; opportunities will come. We will support this bank with the National Bank. This is about our people and our enterprises. Yes, the situation is tense because of corrupt practices, but we have enough experience for keeping banks afloat and ensuring their normal functioning,” Lukashenko said.

 

Yermakova told reporters later that the Russian owners of Belgazprombank refuse to communicate with the interim administration. She said that, possibly, Belgazprombank would be not as big as it used to be, if the owners pulled out and refused to invest.”

 

The interim administration was appointed to Belgazprombank on June 15, 2020 by resolution No.192 of the National Bank of Belarus of June 14, 2020. The Financial Investigations Department of the State Control Committee of Belarus searched the bank’s office on June 11 as part of the criminal case on tax evasion, and detained 20 persons, including, according to some sources, two deputy chairs of the Board.

 

Primary shareholders (Russian Gazprom and Gazprombank) called the actions of the National Bank and Belarus’ law enforcement illegal and refused to cooperate with the interim administration.

 

For two decades, Belgazprombank was headed by Viktor Babariko, who attempted to run for president in the election scheduled for August 9. Babariko was detained on June 18. He said that no complaints had been filed against the bank and related companies. He believes the actions of the authorities are politically motivated.

 

Belgazprombank OJSC was established in 1990 as an authorized bank of Gazprom Group in Belarus. Russian Gazprom PJSC and Gazprombank JSC own 49.66% stake in Belgazprombank each; Gazprom Transgaz Belarus – 0.49%; the Republic of Belarus represented by the Ministry of Energy of Belarus – 0.097%. Belgazprombank is assigned to the system significance Group I. End

2020-08-04

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