Gontareva: Kolomoisky and Bogolyubov want to get in “PrivatBank” in order for the state account to withdraw all the lawsuits in the international courts

Гонтарева: Коломойский и Боголюбов хотят войти в "ПриватБанк", чтобы за государственный счет отозвать все иски из международных судов

Former head of the National Bank of Ukraine Valeria Gontareva believes that former owners of “Privat” Igor Kolomoisky and Gennady Bogolyubov want to regain control over a financial institution to withdraw the lawsuits against them in international courts. This opinion was expressed in interview to the newspaper “Facts”, which was released on July 17.

“PrivatBank” does not need them. If there is restitution they will get a Bank, which immediately shut down due to a huge hole in the balance (the state has made 155 billion of capital in the “PrivatBank” in its nationalization). They just need to go in there and at state expense, withdraw all the lawsuits in the international courts. This is a clear goal, Kolomoisky and Bogolyubov. Why would they [President Vladimir] Zelensky in this playing? Ask the President,” – said Gontareva.

PrivatBank was nationalised in December 2016, at that time it was the largest private Bank in Ukraine. Before the nationalization of the financial institution was deemed insolvent. On the recapitalization of the state has spent almost 200 billion UAH (of which 155 billion – immediately after nationalization).

Kolomoisky and Bogolyubov are in court trying to overturn the nationalization and return of the Bank. According to the “PrivatBank”, the Ukrainian courts handle about 800 cases on the financial institution. In international courts “PrivatBank” is trying to recover from the former owners of the damage and to prosecute persons whose actions resulted in bringing the Bank to insolvency.

In November 2019 Kolomoisky said that the Bank will return it soon. Prior to that, he said that “PrivatBank” to him, and he wants $2 billion compensation.

In February 2020, the head of the Board of “PrivatBank” Peter Krumhansl said that there was “a real risk” of return of the Bank to the former owners.

The President of Ukraine Vladimir Zelensky, who before election as the head of state was the business partner of Kolomoisky, argued that the issue of “PrivatBank” “will protect only the interests of the state.”

May 13, the Verkhovna Rada adopted the law on the improvement of some mechanisms of banking regulation that introduces a ban on returning nationalized banks to the former owners. On may 21 the law was signed by the President of Ukraine Volodymyr Zelensky. In June, 64 MPs have appealed to the constitutional Court asking to check the document for compliance with the Basic law of Ukraine.

The Verkhovna Rada
Vladimir Zelensky