Privatbank filed a new lawsuit against Kolomoisky and Bogolyubov for $ 5.5 billion
Privatbank filed a new lawsuit in Cyprus against former owners of financial institution Igor Kolomoisky and Gennady Bogolyubov for $ 5.5 billion.
This was announced by a member of the Supervisory Board of Privatbank Roman Sulzhik on the TV show “Freedom of Speech by Savik Shuster”
He explained that this lawsuit was related to dubious cash withdrawal transactions that were conducted at Privatbank from 2013 to 2016, and this time they did not alone. Now, together with Kolomoisky and Bogolyubov, one of the former members of the bank’s board and two companies in Cyprus will respond.
The bank believes that their schemes have all the signs of fraud and money laundering.
“The bank’s suit relates to two series of transactions that the bank allegedly carried out illegally between 2013 and 2016, at the behest of its former owners and with the assistance of other defendants, who provided huge sums to companies owned and / or controlled by the lender. Kolomoisky and Mr. Bogolyubov, according to the loan agreements, which the bank believes are drowned and none of which has been repaid, “- said in the financial institution.
According to the financial institution, such transactions included a scheme under which $ 2.34 billion was sent to a Cypriot company linked to the former owners of the bank – Duxton Holdings Limited, by transferring tranches of $ 30 million over four months in 2013.
This lawsuit is part of PrivatBank’s claims against Kolomoisky and Bogolyubov, which are being considered in England, Cyprus, the US and Israel, totaling more than $ 10 billion.
The Verkhovna Rada in the first reading supported the bill No. 2571-d on improvement of some mechanisms of regulation of banking activity. The bill stipulates that the owners and ex-owners of the bank can receive damages only in cash.
December 18, 2016 NBU declared “Privatbank” insolvent. It was necessary to withdraw it from the market in accordance with Article 41.1 of the Law “On the Deposit Guarantee Scheme for Physical Deposit.
Immediately after PrivatBank was declared insolvent, the NBU addressed the Cabinet of Ministers of Ukraine with a proposal to transfer this systemically important bank into state ownership.
The bank became state-owned, and the state spent over UAH 155.4 billion on its capital increase.
In December 2017, PrivatBank sued the High Court of London against Igor Kolomoisky, Gennady Bogolyubov, and Teamtrend Ltd., Trade Point Agro Ltd., Collyer Ltd., Rossyan Investing Corp., Milbert Ventures Inc. and ZAO Ukrtransitservice Ltd, which are likely to be owned or controlled by them.
In September 2018, the Kyiv District Administrative Court upheld the lawfulness of the National Bank’s decision to classify Privatbank as insolvent by rejecting a bank customer claim.