Court postpones consideration of claim on return of PrivatBank shares to Kolomoisky to April 25.

The Economic Court of Kyiv has postponed the consideration of a claim, filed by the ex-owners of PrivatBank (Kyiv) Ihor Kolomoisky and Triantal Investments seeking to return the shares of the financial institution, to April 25, the bank's press service said on Thursday.

According to the report, the Cabinet of Ministers of Ukraine will be involved in the hearing of the case.

On December 18, 2016, the government of Ukraine, referring to the proposal of the National Bank of Ukraine (NBU) and former shareholders of PrivatBank, the largest of which at that time were Kolomoisky and Hennadiy Boholiubov, decided to nationalize this largest financial institution on the Ukrainian market and injected over UAH 155 billion in it.

The ex-owners of the bank consider the nationalization, as a result of which they completely lost their shares, illegal, while PrivatBank and the state demand additional compensation from them.

At the end of February 2019, the Economic Court of Kyiv on the second attempt took into consideration the claim of Kolomoisky and Triantal, who owned 41.6572% and 16.5748% of PrivatBank, respectively, seeking to invalidate the sale and purchase agreement of this bank dated December 21, 2016.

On April 9, the court granted the plaintiffs' petition to expand the list of their claims with a clause on the return of PrivatBank shares to them and at the same time rejected the Ministry of Finance's petition, which asked to leave the claim without consideration. At the same time, the National Bank of Ukraine, the National Securities and Stock Market Commission of Ukraine, PrivatBank, as well as custodians of Ukreximbank and Solid Dnipro were added to the list of defendants.

On October 16, 2020, the judge of the Economic Court of Kyiv, Liudmyla Shkurdova, suspended the consideration of the claim of Kolomoisky and Triantal Investments seeking to return the shares to them pending the decision of the case, which is being considered in the court of administrative jurisdiction at the level of appeal on the legality of the bank's nationalization.

The Pivnichny (Northern) Economic Court of Appeal in December 2020 abolished the decision to suspend the consideration of the claim of Kolomoisky and Triantal Investments on the return of their shares.

Interfax-Ukraine

News about recent political developments in Ukraine, key Ukrainian economic news and major current events in the CIS and the rest of the world.

https://en.interfax.com.ua/

Related news
SkyUp operated 836 passenger flights in April

SkyUp operated 836 passenger flights in April

The Ukrainian low-cost carrier SkyUp Airlines operated 836 passenger flights in April 2021, which is 128 flights more than in March 2021, the company’s press service reports.

UkrInform

Live: Fire erupts at Jerusalem  compound in, reports of tree ablaze.

Live: Fire erupts at Jerusalem compound in, reports of tree ablaze.

HUNDREDS of people have been injured as Palestinians clashed with Israeli cops as they stormed the Al-Aqsa mosque in Jerusalem. Violence erupted for a third night in a row with many were struck by rubber bullets, stun grenades and tear gas ahead o...

How To Ask Your Boss For What You Need When Returning To The Office - NBC News NOW.

How To Ask Your Boss For What You Need When Returning To The Office - NBC News NOW.

Morning Joe co-host and Know Your Value founder Mika Brzezinski shares her top tips for successfully asking your boss for what you need when heading back to the office with NBC News Now's Alison Morris. » Subscribe to NBC News: » Watch more NBC vi...

Chad Army Brings Captured Rebels to Capital

Chad Army Brings Captured Rebels to Capital

Chad’s military captured a group of rebels, who recently launched an offensive in the region of North Kanem, and brought them to the country’s capital, Sunday, May 9. ————————— READ MORE: Chad's military claimed victory on Sunday in its weeks-long...

BREAKING: Indian variant 'highly transmissible'

BREAKING: Indian variant 'highly transmissible'

As planned, Boris Johnson laid out all the steps that will be taken in England next Monday as part of the easing of lockdown. The Prime Minister described it as a "very considerable step in the resuming of normality". But Professor Whitty urged pe...

Rescuers try to save stranded baby whale in Thames - DW News.

Rescuers try to save stranded baby whale in Thames - DW News.

This is London’s ‘Free Willy’. The baby whale was stuck in the River Thames in a device used to raise and lower boats. Using lots of water and a rescue float, rescuers finally set him free. The whale is believed to be a baby Minke. He should be in...

Hamas fires more than 45 rockets at Israel

Hamas fires more than 45 rockets at Israel

The Israeli government reports Hamas has fired more than 45 missiles all over Israel. The rockets, aimed at Jerusalem, come as thousands of Israelis celebrate Jerusalem Day. Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel ...