Could billionaire oligarch Ihor Kolomoisky take back PrivatBank, the insolvent institution taken over by the state on Dec. 18?
The scheme could be simple: wait several months until the National Bank of Ukraine recapitalizes PrivatBank, filling the multibillion-dollar gaps in the financial institutions ledger. Then, through a court case disputing the nationalizations legality, he could reclaim control of a freshly recapitalized bank.
Such a plan would build on courtroom victories in recent months from the former owners of so-called zombie banks banks that were declared insolvent by the NBU, but then brought back to life by lawsuits from the same people who bankrupted the institutions in the first place.
The question …
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