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Ex-owners of Privatbank lose nationalization case in Ukraine’s Supreme Court

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Ukraine's highest judicial body canceled the decisions of the lower courts and ruled in favor of Privatbank, Ukraine’s largest bank nationalized in 2016 after a $5.5 billion hole was discovered in its ledgers. The lawsuit against Privatbank was filed by Triantal Investments, a Cyprus-based firm linked to oligarch Ihor Kolomoisky and his business partner Gennadiy Bogolyubov.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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