You're reading: Police seize property of King’s Capital

The police have arrested the property of the Ling's Capital financial group, head of the department for investigation into particularly important cases of the Main investigative department of the Internal Affairs Ministry Vitalii Mekhed said.

He said that the property of pastor of the Embassy of God Church Sunday Adelaja can also be arrested.

As Ukrainian News earlier reported, Adelaja considers that the Internal Affairs Ministry investigation into his involvement in King’s Capital frauds is the political order.

In November 2008, the police detained head of the King’s Capital Oleksandr Bandurchenko suspected of frauds.

At first Bandurchenko was detained on the basis of about 60 claims of the citizens on their inability to withdraw their money from the financial group.