PrivatBank sues its ex-owner Kolomoysky

Source : 112 Ukraine

The lawsuit was filed on May 21, 2019
11:57, 23 May 2019

Ukrainian oligarch Igor Kolomoysky

Nationalized PrivatBank filed a lawsuit against its ex-owner Igor Kolomoysky; it will be considered by the Court of Chancery of Denver, the U.S., as Interfax-Ukraine news agency reported referring to the website of the court.

The lawsuit was filed on May 21, 2019. No information on the terms of its consideration reported.

Earlier, the National Bank of Ukraine (NBU) and PrivatBank won the courts against companies connected to the former co-owner of the bank, Ihor Kolomoysky, through which they wanted to relieve themselves of their obligations on refinancing loans. 

Related: How could Zelensky defend PrivatBank?

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

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

Related: National Bank of Ukraine ready to nationalize PrivatBank again

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.


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