14:53 20.11.2017

Court permits Boholiubova to collect deposits with $15.66 mln, EUR 1.845 mln, UAH 30.43 mln from PrivatBank

1 min read
Court permits Boholiubova to collect deposits with $15.66 mln, EUR 1.845 mln, UAH 30.43 mln from PrivatBank

 The Zhovtnevy district court in Dnipro on September 5, 2017 satisfied a claim of ex-wife of the former co-owner of PrivatBank (Kyiv) Hennadiy Boholiubov Olena Boholiubova and ruled to collect her deposits with $15.66 million, EUR 1.845 million and UAH 30.43 million from the financial institution, according to a ruling of the appeal court in Dnipropetrovsk region dated November 1, 2017 published in the unified register of court rulings.

The National Bank of Ukraine (NBU) and the Individuals' Deposit Guarantee Fund filed counterclaims.

As reported, on December 18, 2016 the government at the suggestion of the NBU and PrivatBank shareholders, the largest of whom at that time were Ihor Kolomoisky and Hennadiy Boholiubov, decided to nationalize this largest financial institution in the Ukrainian market. The state received 100% of its capital, and PrivatBank was capitalized for UAH 116.8 billion.

As part of the nationalization of the bank its liabilities to affiliated persons were involved in the bail-in procedure and were exchanged to the additionally issued shares. Deposits of Boholiubova also took part in the bail-in.

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