The Privat Bank: the Ex-owners of concessions


In the High court of London held a five-day hearing on the lawsuit against his former PrivatBank owners Ihor Kolomoisky and Gennady Bogolyubov.

On Wednesday, August 1, press service of the Bank.

As reported, the session began on Wednesday, July 25, and ended on Tuesday, July 31, with the participation of judges of the justice of Pancarta.

It is noted that shortly before the hearing started, the defendants refused almost half of the arguments they planned to present. Such concessions include the recognition that the Bank has enough evidence of their fraud, and that there is a risk that they will squander its assets, if it is not prohibited by court order on the seizure of assets.

“During the meeting, the Bank presented to the High court to the detailed arguments and evidence on the claim and judicial order of a world-wide seizure of assets, which was issued to enforce a claim,” – said in the message.

The statement also says that the claim, as a basis for a court order about the arrest of assets includes claims that Kolomoisky and Bogolyubov misappropriated from the Bank and $ 1.9 billion in 2014 through the conclusion of a number of alleged trades, which had the result of transferring funds to the companies they secretly owned or controlled.

The press service also noted that during the meeting, the lead counsel PrivatBank Steven Smith explained that in the period from April 2013 to August 2014, Kolomoisky and Bogolyubov organized the roguish scheme for the provision of 46 loans to borrowers, payments for 54 imaginary “supply contracts” to supply incredible quantities of commodities such as manganese ore, pet and Apple juice concentrate, and schemes of lending, to hide fraudulent activity.

Related posts