The Supreme Court is considering two other cases in which the Dnipro Court of Appeal also decided to withdraw funds from the bank.
The Supreme Court reversed the decisions of the Dnipropetrovsk regional courts on the recovery of funds from PrivatBank in favor of a person related to the former owners of the financial institution. This was announced on Friday, February 14 by Ukrinform in connection with the bank’s press release.
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“On April 12, 2023, the Supreme Court satisfied PrivatBank’s cassation appeal and canceled the illegal decisions of the Dnipropetrovsk regional courts to recover funds from the state bank in favor of a person associated with former owner of PrivatBank,” the report said.
It is indicated that this case has been considered by the courts since 2017. Its subject is an appeal against the attraction of funds by a person associated with the former owners of PrivatBank in the bail-in operation, which carried out in accordance with the provisions of the Law of Ukraine On the system of guaranteeing deposits of individuals in the procedure for the nationalization of PrivatBank in 2016.
The Supreme Court agreed with the arguments of PrivatBank that the plaintiff did not refute the fact of his connection with PJSC CB PrivatBank, and the debiting of funds from his accounts was carried out if there was an appropriate legal basis for it , which is an agreement. in obtaining shares completed by an authorized person of the Fund from the name of the plaintiff as his representative, in compliance with the requirements of the law.
The bank recalled that in 2016, when the rescue of PrivatBank in general cost the state UAH 155 billion, thanks to the bail-in operation the authorized capital of PrivatBank was increased by almost UAH 29.4 billion. But several people connected to the bank’s former owners and top management have been floundering in the courts for years.
Thus, the Supreme Court considered two more similar cases, in which the Dnipro Court of Appeal also decided to recover the funds from the bank. This case is based on the lawsuit of Bogolyubova OL (ex-wife of one of the former ultimate beneficial owners of Bogolyubov GB), in favor of which on July 27, 2022 the Dnipro Court of Appeal recovered more than UAH 669 million from in PrivatBank, and another case in the amount of more than 24 million Hryvnia.
Earlier it was reported that the National Bank won a case against Igor Kolomoisky for UAH 18.3 billion. The Supreme Court confirmed the legality of five loan agreements concluded between the NBU and PrivatBank in 2008-2015 and guarantee agreements ensuring their implementation.
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Source: korrespondent
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