NBU does not agree with the decisions of the court at PrivatBank

The national Bank intends to appeal to the higher courts to appeal such decisions.

The national Bank of Ukraine (NBU) announced on Facebook that he intends to appeal the decision of the District administrative court of Kiev recognized illegal forced exchange of certain obligations of PrivatBank for shares of the additional issue of the Bank (bail-in).

“The national Bank is outraged by the recent decisions of the court about the alleged illegality of entering the state capital of PrivatBank and procedures for bail-in. All decisions on PrivatBank was adopted solely under the special procedure provided for under article 41-1 of the law “About system of guaranteeing deposits of individuals”. NBU intends to appeal to the higher courts by appeal against such unlawful decisions, and is confident of the legality of the procedure bail-in”, − said the NBU.

According to Interfax-Ukraine, 27 December 2016 in the District administrative court of Kyiv was was the claims owned by the brothers Grigory and Igor Surkis and their daughters, PJSC Accent-Bank about cancellation of the decision of the Commission of the national Bank for determining the Bank’s related entities and verify operations of banks with such persons. On the same day, this court took into consideration another similar lawsuit against the six individuals, whose names were not disclosed.

Later, the former co-owner of the PrivatBank Gennadiy Bogolyubov announced VoxUkraine that several hundred million dollars of the family of the President of football club Dynamo Igor Surkis was decommissioned in the process of nationalization of PrivatBank.

The ex-owner of the financial institution added that it was also decommissioned the accumulation of several Directors of large industrial enterprises.

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