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PrivatBank wins $1.9 billion UK fraud claim against former owners

By Martin Coyle ( July 30, 2025, 11:08 GMT | Insight) -- Ukrainian lender PrivatBank has won its mammoth London High Court claim against its two former owners, which it accused of being involved in a widespread fraud against the lender before its collapse. Igor Kolomoisky and Gennadiy Bogolyubov were sued by the bank over claims they swindled it out of almost $2 billion by moving cash to six privately-owned companies registered in the UK and the British Virgin Islands over an eight-year period.Ukrainian lender PrivatBank has won its mammoth London High Court claim against its two former owners, which it accused of being involved in a widespread fraud against the lender before its collapse. ...

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