Igor Kolomoisky’s PrivatBank owes Crimean clients over 10.2 billion rubles or $232 million, according to Russian Legal Information Legacy.
The bank has refused to honor its contracts that depositors get their money back. The Depositor Protection Fund has had to deal with over 100, 000 complaints against the bank. The lawsuits of clients have not been taken lightly, and PrivatBank, along with 17 lending organizations, have been ordered to pay clients, or else.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at email@example.com.
This isn’t the only woe that Kolomoisky has. He faces other charges, along with the Ukranian Interior Minister Arsen Avakov of masterminding murder, use of warfare, abduction and other crimes in the Ukraine.