PrivatBank has estimated the losses from the annexation of Crimea by Russia

В ПриватБанке оценили убытки от аннексии Крыма Россией

The PrivatBank management evaluates its losses from the annexation of Crimea by Russia at $9 billion. this was announced by Deputy head of the Board Galyna Pahachuk in an interview with HB Business.

“The lawsuit was filed in excess of $1 billion But, if the overall rate of loss, I believe that the Bank lost more than $9 billion – currency position, it loans,” – said Pahachuk.

In February the court of Arbitration in the Hague issued an interim decision in favor of PrivatBank in the case of the expropriation of his assets in Crimea. The process has gone to completion and evaluation of the economic losses that were caused by Russia.

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In may 2018 the Hague Tribunal declared that Russia illegally expropriated the property in Crimea 18 entities associated with the former owners of PrivatBank and the former head of the Board Alexander Dubilet. The plaintiffs are awarded compensation in the amount of $159 million

PrivatBank filed a lawsuit in U.S. court against Kolomoisky and Bogolyubov

We will remind, in February of this year the Arbitration court in the Hague ruled in favor of the Ukrainian PrivatBank in dispute with Russia on a “capture” of Bank assets in the occupied Crimea.

2 years before this arbitration the International court of arbitration in the Hague issued an interim decision concerning some issues on jurisdiction and admissibility, on the claims of PrivatBank and its former owner, Igor Kolomoisky against Russia in connection with the annexation of Crimea.

2 may 2018, the Arbitration court made a final decision in favor of the company Kolomoisky. According to Deputy foreign Minister Elena zerkal, according to the court, Russia should pay compensation in the amount of $159 million Igor Kolomoysky estimates its losses in the Crimea at $2 billion.

In PrivatBank told how much money is owed Kolomoisky

According to Russian media, the Russian occupation administration in Crimea “nationalized” 87 objects that belonged Kolomoisky and “Privat” group. In the list of objects included the sanatorium “foros”, two children’s recreation complex, housing and recreation complex “Tavria” camping “Niva Yayla” in the village of Mountain near Yalta. Also among the assets was 36 gas station “Ukrtatnafta”, a warehouse of fuels and lubricants in Simferopol and loading of liquefied gas in Kerch.