 Ūkio bankas has been associated with money laundering known as the ŪkioLeaks or Troika Laundromat.Reported by Organized Crime and Corruption Reporting Project (OCCRP) as the Russian Laundering Machine on 22 November 2011, Ūkio bankas used Sergey Magnitsky's stolen Hermitage Capital Management subsidiaries HSBC Guernsey Ltd, OOO Rilend, OOO Parfenion, and OOO Markhaon to finance through Bristoll, Nomirex and Tormex, Al-Shabaab's Russian weapons built by Ukraine and pro Kremlin South Sudan militants weapons transfers from Ukraine 

In February 2013 the bank was revealed to have poor asset quality, weak risk management and lack of proper operating data.The check also revealed that the bank has ignored the central bank's recommendation to reduce operating risks.