The respondents in this case also include Ūkio Bankas, Šiaulių Bankas as well as the deposit and investment insurance vehicle Indėlių ir Investicijų Draudimas (Deposit and Investment Insurance), he says. The date of the first court sitting has not been scheduled yet.
According to unofficial sources of LNK TV, Romanov claims that the central bank has been aware of all the difficulties of Ūkio Bankas for a couple of years. After the collapse of Snoras, Ūkio Bankas and the central bank reportedly agreed on an action plan setting out the measures that should be taken by Ūkio Bankas in order to avoid the fate of Snoras. Romanov claims that Ūkio Bankas has implemented 90 percent of these measures but the central bank has closed it down once its situation has improved.
Romanov wants the court to cancel the central bank’s decisions to restrict the operations of Ūkio Bankas, to appoint its temporary administrator and to transfer parts of the bank to Šiaulių Bankas. Also, he wants the State to reimburse his damages sustained due to these decisions of the central bank.
The amount of damages has not been specified and Romanov asked the court to assess the value of the assets he lost, LNK reports.
The operations of Ūkio Bankas were suspended on February 12, with its ‘good’ part taken over by Šiaulių Bankas, another local lender, and its ‘bad’ part to file for bankruptcy in the near future. Romanov owned 65 percent of Ūkio Bankas’ shares.
