A court in Kyiv decided that the nationalization of “PrivatBank” was not legitimate

The district administrative court of Kiev in considering the claim 6 citizens to the national Bank, Finance Ministry and the Deposit guarantee Fund of Ukraine, came to the conclusion that the high-profile nationalization “PrivatBank” was partially illegal.

Reports about it “Диалог.UA” referring to the court decision.

The plaintiffs demanded to cancel a number of decisions that the Ukrainian government took against them in the course of the nationalization of the Bank, and return them about 1 billion hryvnia, which were debited from their accounts at this time.

The court found the plaintiffs to be reasonable and satisfy their requirements. It should be noted that according to the decision of the Ukrainian court declared the nationalization of “PrivatBank” partially illegal.

We will remind,the Ukrainian authorities bought “PrivatBank” for 1 hryvnya in the end of December last year. Such steps Kiev went because of serious financial problems which faced the largest Bank of Ukraine.