3500 hryvnia each. New issues PrivatBank

3500 гривен с каждого. Новые проблемы Приватбанка

The state spent to rescue PrivatBank huge funds, and its former owners and not going to repay debts.

PrivatBank was nationalised on 21 December last year.

As it turned out, then the owners of the Bank was addressed to the Prime Minister and the national Bank with the request for nationalization. In turn, they also took on certain obligations, but none of them fulfilled.

Now the government intends to confiscate the assets of former Private owners in compensation for the debt.

Get something to collect Igor Kolomoisky and company, understood Корреспондент.net.

Promises Kolomoisky

The Ministry of Finance issued letters to the former shareholders of Privat Igor Kolomoisky and Gennady Bogolyubov, which they sent to Vladimir Groisman and Valerie Gontareva on the eve of nationalization.

The letters spelled out the main obligations of the former owners that they agreed to perform. This is evidenced by the signature Kolomoisky and Bogolyubov under the text. One of the important liabilities – restructuring of loans associated with the group “Privat” in front of the nationalized companies PrivatBank.

Two days ago, July 1 was the deadline when the former shareholders of PrivatBank was to restructure loans of related companies. They didn’t do it.

Instead, in June, Kolomoisky filed a series of claims against government, Bank and PrivatBank.

Will recover

“Now we can say that the former Bank owners (Igor Kolomoisky and Gennady Bogolyubov) has not fulfilled its obligations”, – stated in the NBU.

“So now, the government and the PrivatBank has transferred to the legal foreclosure process and implement an appropriate legal strategy, specific steps which can’t be disclosed”, – stated in the message controller.

As noted, the banking procedure will be similar to normal foreclosure process in case of overdue debt, so we are talking more about enforcement proceedings.

That you can take?

Financial analyst Sergey Fursa believes that the foreclosure process with Kolomoisky and Bogolyubov will be a difficult and dreary. Need to take assets to $ 500 million of personal guarantees, which now remains in the Bank, and to compensate for all the losses of the Ukrainian taxpayers.

“Considering how heavily involved the IMF in this process and hence the US state Department, as well as the fact that he left a$, we can assume that everyone knows everything. Where that is. And how many lies”, – said the expert.

According to him, the showdown with Privat be the next serious test for the state.

“Ukraine can be confiscated Ferroalloy plants, Ukrnafta, a network of gas stations and a TV channel 1+1. In the world of ski resorts in Austria (Bukovel is already considered public) and property in Britain,” says Fursa.

Criminal cases

The Prosecutor General’s office, National anti-corruption Bureau and the Specialized anticorruption Prosecutor’s office are investigating several cases related to PrivatBank.

“First of all, immediately after the treatment, the head of praline Bank Oleksandr Shlapak about the crime was the arrest of the liquid property of PrivatBank and its related structures – more than 700 of real estate, OOO Privation,” – said Lutsenko.

According to him, the GPU within the last weeks actively interrogates the members of the credit Committee of PrivatBank.

“Ready suspicions. GPU also studying the documents and interviewing a number of employees of the national Bank, which was supposed to control processes in PrivatBank”, – Lutsenko added.

According to militiamen, on 15 and 16 December 2016, a few days before privatization, the former management of the Bank concluded with the company Claresholm Marketing Ltd, which was found to be associated with PrivatBank, the loan agreement for the sum of 389 million dollars, 60 million Euro and reflected the debt in the balance sheet.

16 Dec former employees of PrivatBank signed a contract with LLC “Novafarm” in the amount of 3.2 billion hryvnia, and the additional agreement with JSC IC “Ingosstrakh” indicating the amount of the accrual indexed compensation amounting to more than 136 million hryvnia, which are also recognized as associated persons of the banks.

That is all the money from the Bank was withdrawn.

Response Kolomoisky

Igor Kolomoisky, in turn, filed a series of lawsuits to the National Bank, the Deposit guarantee Fund of individuals ‘ deposits, the Cabinet of Ministers, National Commission for securities and stock market, Ministry of Finance and PrivatBank.

This is evidenced by the determination of the District administrative court of Kiev.

This lawsuit Kolomoisky asks to recognize illegal and to cancel a certain decision.

What is trying to challenge Kolomoisky, the definition is not specified. The court scheduled a hearing on the lawsuit on July 18.

What will happen to the Bank?

Prime Minister Vladimir Groisman says that the stability of the PrivatBank threatens nothing.

“Stability today PrivatBank threatens nothing. It is absolutely stable Bank,” – said Groisman.

According to him, auditors are required to provide a final report, after which it will decide on the action against the former owners of the Bank.

Out of our wallet

Recall that the government spent to rescue PrivatBank 5% of GDP, and every Ukrainian paid 3500 hryvnia.

Very dissatisfied with these people who are not depositors of Privat.

On the other hand, according to experts, 5% of GDP is big, but an adequate price for the stability of the financial market. Bankruptcy PrivatBank could lead to street riots, government crisis, the devaluation of the hryvnia and other things which could take away from the country and more than 5% of GDP.