Latest news with #IhorKolomoisky
Reuters
30-07-2025
- Business
- Reuters
Ukraine's PrivatBank wins UK lawsuit against former owners over alleged fraud
LONDON, July 30 (Reuters) - Ukraine's PrivatBank on Wednesday won its London lawsuit against its former owners for allegedly siphoning off nearly $2 billion from the country's largest lender. PrivatBank accused Ihor Kolomoisky – a once-powerful businessman and supporter of President Volodymyr Zelenskiy's 2019 election run – and Gennadiy Bogolyubov of orchestrating sham loans and supply agreements between 2013 and 2014. The lender has pursued Kolomoisky and Bogolyubov in the English courts since 2017, the year after it was nationalised as part of a clean-up of Ukraine's finance system. Kolomoisky, who has been detained since September 2023 on suspicion of fraud and money laundering, and Bogolyubov – whom Ukrainian investigators this month said illegally left the country – both denied any wrongdoing. Their lawyers said at a trial starting in June 2023 that there was no misappropriation from PrivatBank, which they argue had no evidence they had any knowledge of, or involvement in, the alleged fraud. The case was closely watched by politicians and investors as a test of Zelenskiy's willingness to pursue reforms and tackle the corruption which has blighted Ukraine for years, amid its ongoing war with Russia. Judge William Trowler ruled in favour of PrivatBank, saying Kolomoisky and Bogolyubov were "jointly and severally liable" for around $1.9 billion, less any sums which may have previously been received by the bank.
Yahoo
14-02-2025
- Business
- Yahoo
Ukraine opens criminal cases against ex-President Poroshenko, sanctioned oligarchs, businessmen
Prosecutor General's Office announced on Feb. 14 that criminal proceedings have been opened against businessmen and former high-ranking officials recently sanctioned by the National Security and Defense Council (NSDC). The list includes oligarch Ihor Kolomoisky, billionaire Konstantin Zhevago, former PrivatBank co-owner Hennadiy Boholyubov, Ukraine's 5th President Petro Poroshenko, and former pro-Russian lawmaker Viktor Medvedchuk. "Each of these five individuals is being held criminally liable for committing serious and especially serious crimes," the Prosecutor General's Office said in a post on Telegram. Poroshenko was charged in 2021 with high treason and aiding terrorist organizations for allegedly conspiring with Russian-backed separatists between November 2014 and January 2015. The scheme reportedly generated over Hr 3 billion ($72 million) in profits from coal supplies. He said the decision to impose sanctions against him was politically motivated and unconstitutional. Medvedchuk faces charges of high treason and violations of war laws, accused of helping Russia seize a Ukrainian oil and gas field in the Black Sea's Kerch Shelf. He is also accused of passing secret military information, including the locations of Ukrainian military units, and creating a pro-Russian influence network in Ukraine. Read also: 'Crazy' Putin could attack NATO in 2026, Russia building up troops in Belarus, Zelensky says Kolomoisky is under investigation for embezzling over Hr 5.36 billion ($129 million) from a financial institution and laundering nearly Hr 4.1 billion ($99 million). He is suspected of orchestrating the contract killing of a legal company director who refused to annul a decision regarding a shareholders' meeting. Zhevago is suspected of embezzling $113 million and misappropriating Hr 608 million ($15 million) from a Ukrainian bank through a conspiracy with bank officials. This illegal transfer of funds to offshore accounts caused major financial losses to the institution. He is also under investigation for involvement in a criminal organization and money laundering. Boholyubov is being investigated for illegal possession of another person's passport and organizing an unlawful border crossing with the help of a border guard. He is wanted by Ukrainian authorities for his role in aiding illegal border crossings. The sanctions freeze all assets held by the targeted individuals in Ukraine and block them from conducting financial transactions, among other restrictions. The decree states that the measures are indefinite. Read also: Following an attack on opposition, Zelensky effectively begins election season We've been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.
Reuters
13-02-2025
- Politics
- Reuters
Ukraine imposes sanctions on former president Poroshenko, decree says
KYIV, Feb 13 (Reuters) - Ukraine's National Security and Defence Council imposed sanctions on former President Petro Poroshenko, a presidential decree published on Thursday said. The council also put sanctions on jailed tycoon Ihor Kolomoisky, former co-owner of PrivatBank Hennadiy Bogolyubo and Viktor Medvedchuk, a close ally of Russian President Vladimir Putin.
