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

by The Kyiv Independent news desk July 26, 2022 8:40 PM 1 min read
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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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