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London court orders Ukrainian oligarchs to repay over $1.9 billion to PrivatBank for fraud.
London's High Court ruled that Ukrainian oligarchs Ihor Kolomoisky and Hennadiy Boholiubov must repay over $1.9 billion to PrivatBank, the country's largest state-owned bank, for fraudulent activities between 2013 and 2014.
The court found the oligarchs liable for misappropriating funds through sham loans to shell companies.
This verdict could strengthen trust in Ukraine's banking system and signal a commitment to anti-corruption efforts.
The exact compensation amount, which could exceed $2 billion, will be determined soon.
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El tribunal de Londres ordena a los oligarcas ucranianos que devuelvan más de $ 1.9 mil millones a PrivatBank por fraude.