Supreme Court rejects oligarch Kolomoisky’s appeal for Privatbank ownership  

AI

**‘s Ends Long Case Against Oligarch**

The Supreme Court has made a final decision in the case against billionaire Ihor Kolomoisky. November 26, the court upheld previous rulings that nationalized , Ukraine’s largest .

Kolomoisky was once the co-owner of PrivatBank, but he lost control of it in 2016 after a huge financial hole was discovered. He is now facing several serious crimes, including embezzlement and money laundering. He has been in prison since September 2023.

This decision ends a long and complicated case that had been going on for almost five years. The Supreme Court rejected appeal from Kolomoisky and another company involved in the case.

**Kolomoisky’s History**

Ihor Kolomoisky is known as one of Ukraine’s most powerful and wealthy businessmen. He was charged with stealing over $220 million from PrivatBank, where he was once a co-owner. He is now facing trial for several serious crimes and has been in prison since September 2023.

**The Verdict**

The Ukrainian Supreme Court’s decision ends the case against Kolomoisky. The court upheld previous rulings that nationalized PrivatBank and rejected an appeal from the billionaire oligarch.

Read More @ .com

Share This Article
Leave a Comment