EconomyPrivatBank wins major victory in $3 billion battle with former oligarch owners

The U.K. Supreme Court rejected PrivatBank’s former owners’ final appeal in a $3 billion fraud case, clearing the way for the state-owned Ukrainian bank to pursue recovery worldwide. The case followed a $5.5 billion hole discovered in the bank’s ledger in 2016. A London court found Ihor Kolomoisky and Hennadiy Boholyubov liable for fraud.

PrivatBankUkrainian bankingU.K. Supreme Courtfraud case

TThe Kyiv Independent★★★☆☆2026-11-04 20:52Original