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In a key government victory in the battle over PrivatBank, Ukraine’s largest lender, Ukraine’s Supreme Court ruled yesterday that the bank does not have to pay back $37 million to two brothers

Tuesday, June 16, 2020
In a key government victory in the battle over PrivatBank, Ukraine’s largest lender, Ukraine’s Supreme Court ruled yesterday that the bank does not have to pay back $37 million to two brothers

In a key government victory in the battle over PrivatBank, Ukraine’s largest lender, Ukraine’s Supreme Court ruled yesterday that the bank does not have to pay back $37 million to two brothers who lost money due to the 2016 nationalization. The bank argued that the two men, Hryhoriy and Ihor Surkis, had close commercial dealings with the bank’s previous owners, calling them related parties.

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