Monday10 February 2025
good-news.com.ua

Former co-owner of Privat Bank: Boholyubov and Kolomoisky aim to safeguard $1 billion while awaiting a ruling from the High Court in London.

Businessmen Igor Kolomoisky and Gennady Bogolyubov are aiming to safeguard $1 billion in assets that PrivatBank is seeking to recover from companies in the British Virgin Islands, stated former co-owner of the Privat group, businessman Alexey Martynov, on his Facebook page.
Боголюбов и Коломойский, экс-совладельцы "Привата", стремятся защитить $1 млрд в ожидании вердикта Высокого суда Лондона.

"Boholyubov and Kolomoisky are aiming to protect $1 billion while awaiting a decision from the High Court of London. The media has drawn attention to the scheme that the oligarchs are currently executing in relation to the lawsuit from 'PrivatBank' against its former owners in London. It has been noted that Boholyubov refused to pay insignificant registration fees for his partner Kolomoisky, which resulted in the removal of dozens of companies from the registries with a total capital exceeding $1 billion. In simple terms, this is being done so that 'PrivatBank' cannot seize the assets of 'nonexistent' companies by court order," Martsynov reminded.

He explained that the legislation of the British Virgin Islands allows for the reinstatement of companies even 10 years after their removal, as soon as the fees are paid. In the businessman’s view, this is exactly what Boholyubov and Kolomoisky are counting on.

Martsynov pointed out that Boholyubov's lawyer made a statement on resources directly associated with Kolomoisky, while at the same time, Boholyubov refused to pay a few hundred dollars in fees for his business partner.

"So it’s acceptable to use the 'reputable' media platforms of your partner, but paying his share of a few hundred dollars in joint companies is too much? By the way, how is it possible to whitewash owners who robbed the state of $10 billion while accusing colleagues of bias? Of course, the aforementioned scheme is part of a single campaign to save the loot from 'PrivatBank' – the same applies to the infamous Borivazh port (also subject to a freezing order), which is being shielded from justice by the hands of [former minister and MP, entrepreneur] Serhiy Tihipko," he wrote.

The High Court of London has mandated Boholyubov to resume the activities of the companies and officially report on this matter.

"With British justice, it won't be possible to play tricks as they are used to doing with the Ukrainian system," Martsynov concluded.