NBU has not received court ruling blocking PrivatBank's forensic audit
The National Bank of Ukraine (NBU) has not yet received a Kyivsky District Court of Odesa ruling of January 4, according to which Kyiv-based PrivatBank's former owner, Ihor Kolomoisky, repeatedly blocks a forensic audit of the financial institution.
"The National Bank of Ukraine has not yet received a ruling of the Kyivsky District Court of Odesa dated January 4 in case No. 520/97/180. We will be able to comment on the court decision once we obtain the ruling and examine its content," the NBU's press service told Interfax-Ukraine.
As reported, in late December 2017, the NBU announced its intention to file an appeal against a ruling of the Solomiansky District Court of Kyiv on a lawsuit from Kolomoisky, with which, as part of interim measures, the court tried to block the cooperation of the NBU, the Finance Ministry and PrivatBank with Ukrainian and international companies - legal advisors and consultants who are engaged in a financial investigation into the activities of Privatbank and legal support of cases concerning the nationalization of the bank.
The court ruling forbids the state, in particular, the Finance Ministry, the NBU, and nationalized PrivatBank, to take any action against the former shareholder of PrivatBank, in particular, to attract Ukrainian and international companies - legal advisers and consultants, to exchange data with them with respect to the former shareholder, which in fact blocks the defense of the interests of depositors of PrivatBank, taxpayers and the state on more than 400 court cases initiated by former shareholders of PrivatBank and related persons after the nationalization of the financial institution.
According to the NBU's assessment, such measures can stop the investigation into financial abuse at PrivatBank, whose purpose is to identify those whose actions led to damage to the state. The conduct of such an audit is an obligation of Ukraine to the International Monetary Fund, which the country has undertaken under the lending program. To conduct such an audit, the NBU attracted international company Kroll, which specializes in financial investigations.