“PrivatBank” in Israel filed a new lawsuit against Kolomoisky for $ 600 million

The Bank continues to prepare for the hearing on the merits of his claim against the former owners in the amount of more than $ 3 billion.

"ПриватБанк" в Израиле подал новый иск против Коломойского на 600 млн долларов

“PrivatBank” in Israel filed a new lawsuit against its former owner Igor Kolomoisky for us $ 600 million. About it reports a press-service of the Bank.”Yesterday, the Bank has initiated a new trial in the District court of tel Aviv in Israel against the former owners of the Bank and other defendants. The amount of the claim is 600 million dollars”, – stated in the message.

It is reported that the Bank continues to prepare for the hearing, slated to begin January 10, 2020, in fact its claim against the former owners and other persons in the amount of more than $ 3 billion. (with interest) in the High Court of England and Wales.

“The Bank’s management Board and Independent Supervisory Board are convinced that we must make every effort to provide redress for the former owners of the Bank”, – noted in the Bank.We will remind, the government of Ukraine on 18 December 2016, citing the proposal of the Bank and former shareholders of PrivatBank, the largest of which at that time was Kolomoisky and Gennady Bogolyubov, decided on the nationalization of the largest in the Ukrainian market of financial institutions. Ex-Bank owners believe carried out the nationalization in which they lost all of their shares illegal, while “PrivatBank” and the state require them to create an extended damages. Currently, the parties conduct litigation in Ukraine and in foreign jurisdictions.

District administrative court of Kyiv on 18 April 2019 at the suit Kolomoisky has cancelled the decision on nationalization of “PrivatBank”. In response, the Cabinet, the national Bank “PrivatBank” in may appealed the decision.

15 Oct “PrivatBank” has won in the court of Appeal of England and Wales in the case against Kolomoisky and Bogolyubov.

The judges decided that “PrivatBank” has enough preconditions to judicial proceedings and to receive reparations in the amount of approximately $ 3 billion. A judicial decree of a world-wide seizure of assets remains valid until the decision on the merits.

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