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PrivatBank puts faith in UK, US courts to recover stolen funds, bank official says

By Annie Robertson ( December 5, 2019, 15:42 GMT | Insight) -- PrivatBank is relying on “advanced jurisdictions,” like those in the UK and US, in its bid to recover an amount running into billions of dollars, which it claims was stolen by its former owners. The Ukrainian lender, which has filed suits around the world, has been "fighting various fires" as it tries to clean up its act, bank officials say.PrivatBank is relying on “advanced jurisdictions” in its bid to recover an amount running into billions of dollars, which it claims was stolen by its former owners, a member of its supervisory board has said....

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