OREANDA-NEWS. April 21, 2014. Regarding the statement by the acting Attorney General of Ukraine on the launch of a criminal investigation by Ukrainian enforcement agencies on the alleged availability of financing for terrorism in relation to the subsidiary bank of Sberbank of Russia in Ukraine, Sberbank of Russia states the following:

Sberbank is a leading global financial institution with a presence in 22 countries globally. At the group level, as well as in the countries where the Bank has a presence, Sberbank has formed compliance mechanisms which aim to monitor the implementation of national legislation regulation to fight the financing of terrorism. Sberbank emphasizes that the requirements of the relevant Ukrainian and international legislation are strictly observed with reference to the recommendations of FATF (Financial Action Task Force on Money Laundering).

To date, no statements or documents have been submitted to the subsidiary bank of Sberbank from the General Prosecutor's Office in connection with the above statement of the acting Attorney General of Ukraine. The bank is ready to conduct a detailed examination of the possible claims immediately on receipt of official documents from the General Prosecutor's Office of Ukraine.

Sberbank addresses the General Prosecutor’s Office of Ukraine with a request either to provide the documents that constituted the ground for the above statement, or to refute it.

So far, there have been no claims made to the subsidiary bank of Sberbank related to money laundering and financing of terrorism from the competent authorities of Ukraine. Sberbank values its reputation and is considering applying to one of the leading international law firms to protect its interests.