Privat Group
Ukraine's Privatbank issues $5.5 billion claim in Cyprus against ex-owners
Ukraine's largest lender, state-run PrivatBank, said on Friday that it had filed a new $5.5 billion claim in the Cypriot courts against its former owners.
The bank said in a statement that it was seeking damages in respect of schemes bearing all the hallmarks of fraud and money laundering which the bank alleges were perpetrated by ex-shareholders.
Ukraine's Dnipropetrovsk Governor Steps Down
Dnipropetrovsk Governor Ihor Kolomoisky has resigned as the governor of Dnipropetrovsk after a row with the government over the future of propertu where he is one of the shareholders.
Ukraine President Petro Poroshenko has accepted his resignation and has appointed Valentyn Reznichenko to take over ad interim.
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