Court postpones hearing of Kolomoysky’s case against National Bank of Ukraine until June 7

Source : 112 Ukraine

The court requested that the Bank provide documents on refinancing loans for 17 years
19:43, 31 May 2019

The Economic Court of Kyiv rescheduled the hearing of the case on the lawsuit of former shareholder of the PrivatBank Ihor Kolomoysky against the National Bank of Ukraine and PrivatBank on June 7, as the UNN reported.

“Today, the court decided to postpone the hearing until June 7. Earlier, the court requested that the National Bank provide documents on refinancing loans from 2000 to 2017 - for 17 years. Since the documents with this information require more time, the court session has now been postponed for 7 days,” the National Bank reported.

Related: PrivatBank appeals against Kyiv court decisions

According to the report, the court was supposed to consider a claim for the invalidation of five loan refinancing agreements and five personal guarantee agreements with the National Bank for these loan agreements at the hearing.

The workers of the National Bank of Ukraine are working on gathering the required documents by the court.

Related: PrivatBank sues its ex-owner Kolomoysky

Earlier, nationalized PrivatBank filed a lawsuit against its ex-owner Ihor Kolomoysky; it will be considered by the Court of Chancery of Denver in the U.S.

As it was reported earlier, the court merged five Kolomoysky’s lawsuits against Ukraine's National Bank.

The Prosecutor General Office launched an investigation on alleged pressure put by President Poroshenko on judges of PrivatBank case.

On April 18, Kyiv-based court ruled that the nationalization of Privatbank in late 2017 was 'conducted with multiple law breaches.' The court, thus, granted the motion by Ihor Kolomoysky, the oligarch who appealed against the nationalization of the bank he had owned.

District Administrative Court of Kyiv granted the claim of Ukrainian oligarch Ihor Kolomoysky against the National Bank of Ukraine and Ukraine’s Government on nationalization of PrivatBank.

Related: Ukraine's Cabinet of Ministers appeals against cancelation of nationalization of PrivatBank


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