PrivatBank has crushed an attempt by its former owners—Ihor Kolomoisky and Hennadiy Boholiubov—to appeal a $3 billion court ruling issued back in 2025. This was reported by UNN with reference to the PrivatBank press service.
Details
The decision to recover more than $3 billion from Kolomoisky and Boholiubov in favor of PrivatBank as compensation for damages, interest, and legal costs remains in force
The bank welcomed the decision of the Court of Appeal, which upheld the original ruling of the High Court of England and Wales stating that Kolomoisky and Boholiubov committed large-scale fraud against PrivatBank and must compensate it for the losses incurred.
Context
The High Court of England ordered the former owners of PrivatBank, Ihor Kolomoisky and Hennadiy Boholiubov, to pay $3 billion in damages and legal costs. The court found that they misappropriated nearly $2 billion of the bank's funds.
As a reminder
Earlier, UNN reported that PrivatBank secured a victory in a multi-billion dollar lawsuit in London against its former owners Ihor Kolomoisky and Hennadiy Boholiubov.