Category Archives: Kolomoisky

Ukraine’s Top Court Rules In Favor Of Government In PrivatBank Case

The victory comes days after Ukraine struck a $5 billion agreement with the IMF that was partly contingent on its handling of the PrivatBank issue.

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Kolomoisky stated that the Medvedchuk family’s share in the 1 + 1 structure was news to him

According to his declaration, Viktor Medvedchuk’s wife Oksana Marchenko is the owner of Bolvik Ventures LTD. This company is also present in the ownership structure of “1 + 1”. Ihor Kolomoisky, an oligarch and co-owner of the 1 + 1 channel group, said that the Medvedchuk family’s share in the 1 + 1 structure was news to him. He said this in

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Rada refuses to repeal banking bill

The Verkhovna Rada, Ukraine’s parliament, has rejected draft resolutions proposing to repeal the decision to pass a law on the non-return of insolvent banks to their former owners. Respective draft resolutions, No. 2571-d-P and 2571-d-P1, regarding the cancellation of the results of the Verkhovna Rada vote of May 13, 2020 on the adoption at second reading and as a whole

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Ukraine approves crucial anti-oligarch banking law

UkraineAlert by Anders Åslund On May 13, Ukraine’s parliament finally adopted the so-called “anti-Kolomoiskiy” Banking Law in the fashion requested by the International Monetary Fund (IMF). This means that Ukraine is now ready to conclude an IMF Standby Program for eighteen months worth a potential USD 5 billion. This decision has major implications for Ukraine’s financial stability and political configuration.

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Parliament passes essential legislation, paves way for adopting anti-Kolomoisky bill

By Oleksiy Sorokin On April 16, the parliament adopted a new special procedure allowing lawmakers to vote on amendments in batches if the number of amendments to a single law is over 500. The law seeks to end the wide-spread practice of filibustering bills by registering thousands of amendments. “If we don’t change the bylaws, the parliament’s work can be

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Business Update: April 7 – Kolomoisky faces London trial after UK Supreme Court decision

Ihor Kolomoisky, the oligarch and former owner of PrivatBank, will face trial at the High Court in London next year after the UK Supreme Court rejected his request to appeal an earlier verdict. Kolomoisky, and a number of co-defendants that include his business partner Hennadiy Boholyubov, had sought to appeal at the Supreme Court over an appellate judgment on October

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In wild attempt to stall ‘anti-Kolomoisky’ bill, MPs propose over 13,000 amendments

Oleksiy Sorokin In an apparent attempt to stall a banking bill crucial for Ukraine’s new, hotly anticipated deal with the International Monetary Fund (IMF), Ukrainian lawmakers have proposed over 13,000 amendments to the original text.  It’s by far the largest number of amendments proposed to a single law in Ukraine’s parliamentary history. The previous record was held by the land market

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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

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Ukrainian businessman Kolomoisky wins suit against ex-NBU Governor Gontareva

Ukrainian businessman Ihor Kolomoisky has won a lawsuit vs former Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva on protection of honor, dignit,y and business reputation. “The claim of Ihor Valeriovych Kolomoisky against Valeriya Oleksandrivna Gontareva, Kyiv’s Gorshenin Institute Ltd. on the protection of honor, dignity, and business reputation shall be satisfied in full,” according to the ruling

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