US EditionLondon Court Rules Oligarch Liable over $1.9 Bn Ukraine Loan Scheme
GREATER LONDON, ENGLAND, JUL 29 – The London court ruled in favor of Privatbank, rejecting ownership claims by Kolomoisky and Bogolyubov in a financial dispute, according to Birch.
- On July 30, 2025, Judge William Trowler ruled against Kolomoisky and Bogolyubov, confirming they must repay $1.9 billion from PrivatBank in London court.
- Following its nationalisation, PrivatBank initiated proceedings in English courts, alleging Ihor Kolomoisky and Gennadiy Bogolyubov created fraudulent loans and fake supply contracts between 2013 and 2014.
- Judge William Trowler found Kolomoisky and Bologolyubov jointly liable to repay $1,911,877,385 after ruling against them in London court.
- In response, Prime Minister Svyrydenko called the ruling 'a clear and undeniable victory for Ukraine' and highlighted Ukraine's ability to uphold justice beyond its borders.
- Observers note the verdict tests President Volodymyr Zelenskiy's anti-corruption reforms amid scrutiny from politicians and investors.
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PrivatBank Scores Decisive Victory in Multi-Billion UK Court Battle Against Oligarchs
A court has ruled that Ukraine lawfully nationalized PrivatBank, which was taken from its former owners – oligarchs Ihor Kolomoisky and Hennadiy Boholiubov – after a $5.5 billion fraud.
·Kyiv, Ukraine
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InsideNoVA.com+17 Reposted by 17 other sources
London court rules oligarch liable in $1.9 bn Ukraine loan scheme
Ukrainian oligarch Igor Kolomoisky and his former business partner are likely to be forced to repay $1.9 billion they "unlawfully" appropriated from a Ukrainian bank they owned, London's High Court ruled Wednesday.
The High Point Enterprise+7 Reposted by 7 other sources
London court rules oligarch liable over $1.9 bn Ukraine loan scheme
The Ukrainian oligarch Igor Kolomoisky and his former business partner are likely to be forced to repay $1.9 billion that they "unlawfully" appropriated from a Ukrainian bank they owned, London's High Court ruled Wednesday.
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Total News Sources38
Leaning Left4Leaning Right2Center8Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 29%
C 57%
14%
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