PrivatBank announced the details of the decision of the court of London

В ПриватБанке озвучили детали решения суда Лондона

London’s high court refused to consider the case of PrivatBank

The Bank intends to appeal the decision and pursue proceedings against the former owners.

London’s high court on Friday, November 23, decided to abandon the claim to his former PrivatBank owners Ihor Kolomoisky and Gennady Bogolyubov. This is stated in the message Bank, writes the Ukrainian truth.

“Despite the fact that the judge acknowledged that the Bank was the victim of a large-scale fraudulent activities in the amount of approximately 329 million to $ 1.2 billion – he came to the conclusion that the English court has no jurisdiction to consider the claim of the Bank against its former shareholders,” the statement reads.

Currently, the judgment has not been officially issued because the judge is considering the amount of a reasonable business of the Bank, was submitted for consideration on Friday morning.

“This court decision is only the first step of the process, and the Bank intends to appeal against it”, – stated in the message.

“It is clear that the judge did not doubt that the former shareholders are responsible for multibillion-dollar fraud at the Bank. We will continue the return of these funds through litigation in London and believe that the English court, ultimately, will do justice between the parties,” the statement quoted the words of the Chairman of the Board of PrivatBank Peter Krumhansl.

“The inevitable is that these critical questions of jurisdiction have been appealed by the defendants, will be determined by the court of Appeal, and we are confident that they will be resolved in favor of the Bank,” commented partner at the law firm Hogan Lovells, Richard Lewis.

We will remind, after treatment PrivatBank High Court of England issued an order on a worldwide seizure of assets Kolomoisky and Bogolyubov, as well as six companies that are likely to belong to them or are controlled by them.

Later in the High court of London held a meeting at the suit of PrivatBank against its former owners, the results of which Kolomoisky and Bogolyubov rejected part of the claims.


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