The High Court of Justice ruled that he was not liable for the suit of Privatbank to his former owners, Ihor Kolomoyskyi and Gennadiy Bogolyubov. This was stated in the statement of Privatbank, Ukrainska Pravda reports.

“Despite the fact that the judge acknowledged that the bank was a victim of large-scale fraudulent activities, amounting to approximately from 329 million USD to 1.2 billion USD, he came to the conclusion that British court had no jurisdiction to consider the bank’s lawsuit against its former shareholders,” they say in the financial institution.

Leave A Reply