PrivatBank moves to reclaim assets from fraud that shook Ukraine
Eight years of asset freezes yielded no payments—now PrivatBank pursues enforcement across multiple jurisdictions.
Browsing Tag
PrivatBank
16 posts
London orders PrivatBank oligarchs to pay Ukraine $3bn for largest bank fraud in country’s history
The ruling finalizes an eight-year pursuit of losses equal to 1.5% of Ukraine's GDP, though collecting the money won't be easy
PrivatBank finally beat its own billionaires—but only 2,100 km from Kyiv
It took London and eight years to bring to justice Ukraine's richest men who siphoned off 1.5% of its GDP
Ukraine’s anti-corruption agencies suddenly close four long-stalled cases in one week following prosecutor general’s takeover
Following President Zelenskyy’s signature on the law, the anti-corruption agency finalizes the massive $225 million PrivatBank embezzlement case.
Ukraine nationalized its way out of crisis—now it can’t stop making money
The emergency worked too well. And that's actually a dangerous thing.
Ukraine’s diplomat resigns after “escape scandal” of her billionaire husband
Emine Dzhaparova resigned from the position of Ukraine's representative to international organizations in Vienna, denying all allegations against her billionaire husband accused of escaping potential charges of financial fraud by illegally crossing the border with a lost passport of another person.
Ukraine’s banking sector: scandals, fraud & growing threats to cooperation with IMF
The IMF has provided Ukraine with a $700 million tranche, but this should not be seen as a…
“Banksters” vs Ukraine-IMF cooperation: only one can stay
Since 2014, Ukrainian society has undergone important changes. Some of them can be considered irreversible, others - stable…
Ukraine qualifies for new IMF loan, but at the expense of the oligarchs
It has again taken Ukraine many months to break down the domestic opposition of vested interests in order…
Parliament votes for crucial “anti-Kolomoiskyi” bill, opening door for IMF support
On 13 May 2020, the Ukrainian Parliament made a historical decision by supporting in the second reading the…
Ukraine achieves Staff Level Agreement with the IMF, but some more guarantees are reportedly required by the fund
Kolomoyskyi and Privatbank: how the government is heading toward solution that will finally put an end to this…
Court decision on Privatbank proves Ukraine’s judicial reform was failed. Here’s how to fix it
What happened with Privatbank Ihor Kolomoiskyi, one of the bank's former owners, used it to pay large credits…
English court orders worldwide arrest of assets of Privatbank ex-owners Kolomoiskyi and Bogolyubov
The High Court of England issued an order for the worldwide arrest of assets of Ukrainian oligarchs Ihor…
Ukraine’s banking sector recovering but there’s a long road ahead: Analysis
Ukraine’s banking sector underwent fundamental changes since 2014. Driven by the National Bank, this process culminated in the…
Nationalization of Privatbank: a promising chapter in Ukrainian reforms
The nationalization on December 18 of Privatbank, Ukraine’s largest bank by assets, opens a new and promising chapter…
Nationalization of PrivatBank, Ukraine’s largest bank, explained
Do you keep seeing “PrivatBank” in news reports about Ukraine? During the night of 19-20 December, Ukraine’s largest…