Judge William Tauer emphasized that Igor Kolomoisky probably considered himself “over the law”, and Gennady Bogolyubov used fake documents.
Privatbank won the High Court of London in the multibillioner process against former -owned – oligarchs Igor Kolomoisky and Gennady Bogolyubov. This was reported by the Press Service of the Financial Institution on Wednesday, July 30.
“London’s High Court admitted that these two people illegally appointed nearly $ 2 billion. The US funding using” a very complex method of re-loaning that acts in the interest of individual-responsive (Kolomoisky and Bogolyubov), “the report said.
The court denied oligarch objections, claiming that their arguments were based on a “dishonest basis”. And Judge William Tauer emphasized that Kolomoisky probably considered himself “over the law”, and Bogolyubov used fake documents to avoid responsibility.
Despite the fact that the exact volume of obligations has not been determined, former -owned ones will probably be forced to pay more than $ 1.7 billion excluding interest, Privatbank notes. The total amount, along with interest and legal costs, can exceed $ 2 billion.
The court also admitted that Kolomoisky and Bogolyubov broke the documents regarding the case. Privatbank now plans to recover losses by arresting oligarchs.
Earlier, the Supreme Court made the final decision in the case of Privatbank’s return to former -owned ones. The court rejected the Appeal of Igor Kolomoisky cassation and confirmed the closure of the proceedings.
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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.