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Former PrivatBank owners fail to win long delay to UK civil fraud trial

By Annie Robertson ( November 19, 2019, 12:57 GMT | Insight) -- PrivatBank's former owners have been told they must submit their defense against the Ukranian lender's multibillion-dollar fraud claim in London's High Court by Jan. 10. The bank is pursuing a $1.9 billion UK civil fraud claim against Igor Kolomoisky and Gennadiy Bogolyubov, alleging they swindled the bank. They court has refused their request to move the deadline for their defense submission to the end of February, but did extend the original deadline from Nov. 25.PrivatBank's former owners have been denied extra time to submit their defense against the Ukranian lender's multibillion-dollar fraud claim in London's High Court. ...

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