Ukrainian Politics, Economics

 Ukrainian oligarch Kolomoiskyi plans to return to Ukraine after official announcement of election results

Oligarch Ihor Kolomoisky, who lives in Israel, is going to return to Ukraine after the official announcement of the results of presidential elections.

Censor.NET reports citing LB.ua.

"Yes, I will definitely return to the country, but not earlier than the official announcement of the presidential election results," Kolomoiskyi stated, when commenting on his possible return to Ukraine.

Kolomoiskyi earlier stated that he would return to Ukraine in case of Volodymyr Zelenskyi victory in the presidential election.

Earlier, Kolomoiskyi, the Ukrainian oligarch and former owner of Privatbank, demanded to give him back two billion U.S. dollars of the bank's assets. He might, in turn, give up this financial institution.

The decision to nationalize Privatbank was made in December 2017. 100 percent of its shares were handed over to the state. The IMF supported that decision, stating that it's an important step to secure Ukraine's financial stability.

The Finance Ministry stated that the privatization of the state banks should take place after the fulfillment of some conditions, particularly, the imposing of the new corporate governance and settlement of the problems.

The Economic Court of Kiev is considering a lawsuit of oligarch Kolomoyskyi on invalidation of the contract of sale of PrivatBank shares. Prior to nationalization, Kolomoiskyi owned 41.6572% of PrivatBank shares, Triantal Investments Ltd - 16.5748% of shares.

In December 2016, the Government of Ukraine, at the suggestion of the National Bank of Ukraine and the shareholders of PrivatBank (at that time the largest shareholders were Ihor Kolomoiskyi and Hennadiy Boholiubov), approved a decision on the nationalization of PrivatBank. The bank was transferred into the state ownership, and the state spent more than UAH 155 billion to increase its capitalization.

In September 2018, the Kyiv District Administrative Court confirmed the validity of the decision taken by the National Bank of Ukraine to classify the PrivatBank as insolvent, rejecting the suit of a bank’s client.

Recently, Kolomoiskyi stated that he hoped to receive compensation for PrivatBank after the elections.

Источник: https://censor.net.ua/en/n3123805