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The head of the NBU denied any involvement in Fire Point's financing schemes

UA NEWS 30 April 2026 17:34
The head of the NBU denied any involvement in Fire Point's financing schemes

Andriy Pyshnyy, Governor of the National Bank of Ukraine, has denied reports alleging his involvement in schemes related to the financing of defense companies.

According to Delo.ua, during a briefing on April 30, he stated that neither Timur Mindich, who is under sanctions, nor representatives of the National Security and Defense Council—including Rustem Umerov during his tenure as defense minister—nor representatives of Fire Point had approached him.

The issue arose after the publication by Ukrainska Pravda of transcripts from the National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAPO), in which the National Bank chairman’s name was mentioned in connection with the procurement of Fire Point products.

“No, there were no requests, no communications, and no contact with those who mentioned my name: neither regarding the topic that was raised nor in any other context,” Pyshnyy stated.

The recordings in question contain a conversation between Timur Mindich and Rustem Umerov (then Minister of Defense).

The businessman inquired about the allocation of budget funds for the purchase of Fire Point products and likely asked the minister whether he had summoned Pyshnyy. In response, Umerov noted that the head of the National Bank was not in the country.

Then, according to the transcripts, Mindich asked to “involve the state-owned Sense Bank, since the decision can be made through the Cabinet of Ministers.”

About Fire Point

Fire Point is a Ukrainian private defense company specializing in the development and production of drones, cruise missiles, and ballistic missiles. It emerged following Russia’s full-scale invasion in 2022 and has significantly expanded its production capacity and product range.

The National Bank forecasts that inflation in Ukraine will accelerate to 9.4% by the end of the year.

Europe is facing a new wave of inflation amid rising energy prices caused by the escalating situation in the Middle East. In April, price growth rates in Germany and Spain exceeded analysts’ expectations and reached their highest levels in a long time.

Global oil prices are showing steady growth on Wednesday, April 29, 2026, due to the escalation in the Middle East and uncertainty regarding future supplies. The price of June Brent futures on the London ICE exchange rose by nearly 3% to $114.57 per barrel.

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