Oschadbank has suspended its deputy chairman of the board over a suspicious tender
The Supervisory Board of the state-owned Oschadbank has decided to officially suspend Oleg Strynzha, Deputy Chairman of the Management Board and the bank’s Chief Financial Officer (CFO), from his duties. The suspension was carried out in accordance with a ruling by an investigating judge of the Pecherskyi District Court of Kyiv.
This was reported by the financial institution’s press service.
According to the court ruling, the top manager was suspended from performing his official duties as part of criminal proceedings until June 9, 2026. The bank emphasized that this step is purely a procedural measure to enforce the court’s verdict and does not imply an admission of guilt by the official or an assessment of the investigation’s progress. Currently, the bank’s management team is collectively ensuring stable operations and cooperating with law enforcement agencies by providing documents and information in response to official requests.
The criminal proceedings against Oleg Strynzha are being investigated by the Pechersk District Prosecutor’s Office, which previously served him with a notice of suspicion of official negligence. The case concerns a large-scale tender for the purchase of batteries and inverters totaling 140.9 million hryvnias. This equipment was procured to ensure the uninterrupted and autonomous operation of bank branches under the NBU’s nationwide Power Banking program amid critical power shortages and blackouts.
According to the investigation, during the procurement process, the state-owned bank improperly rejected another, economically much more advantageous bid from an alternative participant in the amount of 115 million hryvnias for an identical volume of equipment. By purchasing at a higher price, the state financial institution lost the opportunity to save 25.9 million hryvnias, which law enforcement agencies currently classify as direct material losses for the bank and the state.
In March of this year, immediately after the first reports of the issuance of a notice of suspicion, Oleg Strynzha voluntarily submitted a request for his temporary removal from the chairmanship of Oschadbank’s tender committee for the duration of the investigation. The official had held the position of the institution’s financial director since 2021, and prior to that, he headed the Financial Controlling Department at the National Bank of Ukraine and worked at a number of the country’s leading commercial banks.
