Disgraced former IMF chief Dominique
Strauss-Kahn has been appointed to the supervisory board of a bank owned
by Ukraine's second richest businessman Viktor Pinchuk.
Kiev's Kredit-Dnipro Bank said the decision to accept Strauss-Kahn and five others to the advisory body was taken on Monday and goes into immediate effect. It added that Strauss-Kahn would serve as an independent committee member who does not represent shareholders' interests.
Pinchuk is the son-in-law of former Ukrainian president Leonid Kuchma and is believed to have holdings worth US$1.43 billion (€1.29 billion), according to Forbes magazine.
Strauss-Kahn led the International Monetary Fund from 2007 until his forced 2011 resignation over rape charges in a New York hotel. The scandal derailed the Frenchman's presidential ambitions even though it was later dismissed in court.
Straus-Kahn made one of his first post-resignation public appearances in Kiev when he spoke to students on the personal invitation of Pinchuk.
Source: http://www.channelnewsasia.com/news/business/disgraced-ex-imf-chief/2486008.html
Kiev's Kredit-Dnipro Bank said the decision to accept Strauss-Kahn and five others to the advisory body was taken on Monday and goes into immediate effect. It added that Strauss-Kahn would serve as an independent committee member who does not represent shareholders' interests.
Pinchuk is the son-in-law of former Ukrainian president Leonid Kuchma and is believed to have holdings worth US$1.43 billion (€1.29 billion), according to Forbes magazine.
Strauss-Kahn led the International Monetary Fund from 2007 until his forced 2011 resignation over rape charges in a New York hotel. The scandal derailed the Frenchman's presidential ambitions even though it was later dismissed in court.
Straus-Kahn made one of his first post-resignation public appearances in Kiev when he spoke to students on the personal invitation of Pinchuk.
Source: http://www.channelnewsasia.com/news/business/disgraced-ex-imf-chief/2486008.html