Copyright © 2021

The work of Euromaidan Press is supported by the International Renaissance Foundation

When referencing our materials, please include an active hyperlink to the Euromaidan Press material and a maximum 500-character extract of the story. To reprint anything longer, written permission must be acquired from [email protected].

Privacy and Cookie Policies.


Ukraine will press charges against CEOs of Western banks over funding Russia

In an interview with CNBC, Oleg Ustenko, the adviser to the president of Ukraine on economic issues, said that Ukraine will press charges of war crimes against the heads of JPMorgan Chase, Citi and HSBC because of funding Russia.

According to him, Ukraine is bringing charges of war crimes against the heads of JPMorgan Chase, Citigroup and other major Western banks because of their alleged indirect financing of the Russian Federation.

“There is no doubt that Russia is committing war crimes in Ukraine, against Ukrainians. According to our logic, everyone who finances these war criminals who do these terrible things in Ukraine are also committing war crimes,” Ustenko said.

Ustenko said that Ukraine’s first option of pressing charges is the ICC (International Criminal Court). He said that Ukrainian special services are collecting information about the banks’ activities, which will be handed over to the International Criminal Court.

On 16 July, Ustenko wrote to JPMorgan Chase CEO Jamie Dimon and the executives of Citigroup and HSBC asking them to cut ties with companies that trade in Russian oil and sell shares in Russian oil and gas companies such as Gazprom and Rosneft.

“We will persecute, perhaps not the companies, but the managers of these companies,” Zelenskyy’s advisor added.

You could close this page. Or you could join our community and help us produce more materials like this.  We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia's war against Ukraine and Ukraine's struggle to build a democratic society. A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support. Become a Patron!
Related Posts