The decision of the District Administrative Court of Kyiv dated April 18, 2019, which satisfied the claim of the former co-owner of PrivatBank Igor Kolomoisky, was canceled.
The Sixth Administrative Court of Appeal closed the proceedings against the former owners of PrivatBank against the decision to withdraw it from the market with state participation and confirmed the impossibility of returning the nationalized bank to the former owners. property The National Bank announced this on Wednesday, November 15.
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It is indicated that the court revoked the decision of the District Administrative Court of Kiev dated April 18, 2019, which satisfied the claim of the former co-owner of Privatbank Igor Kolomoisky against the National Bank, the Cabinet of Ministers, the Guarantee of the Deposit Fund of Individuals, the National Commission for Securities and the Stock Market for illegality and cancellation decisions to withdraw an insolvent bank from the market.
The NBU accepted the court’s decision and emphasized that the withdrawal of the insolvent PrivatBank from the market is carried out in accordance with the standards of the current law to ensure financial stability and preserve citizens’ funds.
“Now, six years later, the court confirmed the impossibility of returning to the former owners of PrivatBank, for further capitalization for which the state spent more than 155 billion UAH. It should also be noted that all decisions of state bodies on the nationalization of PrivatBank is valid,” said the head of the claims department of the legal department of the NBU Viktor Grigorchuk.
Let’s remember that in February 2023, the Supreme Court confirmed the legality of the nationalization of PrivatBank. Then the proceedings in the case brought by the former minority shareholder of PrivatBank, Alexander Dubilet, were closed.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.