If a Kyiv court decides to reverse the 2016 nationalization of PrivatBank, “it will cause a deep crisis in relations with the IMF,” President Poroshenko warned

Tuesday, April 16, 2019
If a Kyiv court decides to reverse the 2016 nationalization of PrivatBank, “it will cause a deep crisis in relations with the IMF,” President Poroshenko warned

If a Kyiv court decides to reverse the 2016 nationalization of PrivatBank, “it will cause a deep crisis in relations with the IMF,” President Poroshenko warned Monday in a meeting with members of the American, European, and Ukrainian chambers of commerce. Saying he was “shocked” by Igor Kolomoisky’s demand for $2 billion in compensation, Poroshenko said the nationalization saved the deposits of 22 million Ukrainians. He charged that Kolomoisky’s strategy is to push for a court decision before Sunday’s election “to say that this happened without their participation.”

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