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The High Court of London has allowed the worldwide seizure of the assets of businessmen Igor Kolomoisky and Gennady Bogolyubov, former shareholders of Ukraine’s largest Privatbank, which have not yet been identified. The press service of the bank announced the decision of the court, RBC reports.
“The recent decision of the English court to grant permission to the bank to receive court orders to seize assets abroad and to require defendants to provide further information on the disclosure of assets allows to control the execution of court orders to seize assets and is an extremely positive development for the bank,” the press service of Privatbank said. “.
Privatbank was nationalized in 2016. After the nationalization, the bank conducted an audit, during which it turned out that the former shareholders of Privatbank withdrew money from it. The bank’s losses amounted to $5.5 billion. Ex-shareholders of the bank are challenging the decision on nationalization in Ukrainian and foreign courts.
In 2017, Privatbank filed a lawsuit in the London High Court against Kolomoisky, Bogolyubov and their companies. The court issued an order to seize the assets of the ex-owners of the bank and their companies in the amount of more than $2.5 billion.
Source: Rosbalt
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