PrivatBank loses cassation appeal in Supreme Court in dispute with Kolomoisky

Kyiv Post | Jun 14, 2019 at 12:16 PM
  • The Supreme Court on June 4, 2019 decided not to uphold an appeal in cassation filed by PrivatBank and left unchanged rulings of courts of lower instances, which upheld a claim of Akvatera Ltd., the ultimate beneficiaries of which are former owners of PrivatBank Ihor Kolomoisky and Hennadiy Boholiubov.
  • Akvatera Ltd. as a property surety provider paid to the National Bank of Ukraine (NBU) to pay a part of the refinancing debt of PrivatBank, Finbalance has reported.
  • PrivatBank’s refinancing debt to the NBU as of May 1, 2019, amounted to Hr 9.3 billion.