Kasa, Igor Valerevich

PrivatBank won an appeal in London against its former owners, Kolomoisky and Bogolyubov. They will recover the stolen $3 billion. Assets are also to be recovered in favor of Ukraine.

The bank lost more; a Kroll investigation reported $5.5 billion – but apparently the rest was lost due to the “brilliant” management of the previous owners…

…Now appreciate the tragic irony.

In an attempt to regain control of the bank, its associated schemes, and overall influence in the country, Kolomoisky’s community invested in Zelensky’s campaign.

1+1, a joint venture between Kolomoisky and the Medvedchuk family, as the media knows, day and night hammered a sickeningly simple scheme into the heads of Ukrainians:

– news: everything is bad, bad, bad, borscht set, corruption, everything is bad

– 24/7 quarterly programs: giggi Poroshenko giggi Parubiy giggi Tomos-thermos giggi decommunization March 8

– in the evening – the fairy tale “Servant of the People” about a simple and honest guy…

It worked. It reached 80% of the audience, supported by other oligarchs’ channels and the media projects of Medvedchuk and other pro-Russian figures. This created a myth that Ukrainians believed in—because they wanted to believe that Van is simple, that wizards exist, and that all problems can be solved with a simple wish.

“Field of Miracles” on a national scale.

Kolomoisky gave interviews in 2019. About reconciliation with Russia. About correcting the imbalances of Ukrainization. About the “civil war”…

The return of the bank seemed to Kolomoisky to be a done deal.

But Kolomoisky, in starting his campaign of revenge, was wrong to forget world history and the classics.

For everything turned against him. After all, a country and a state are more than just a debt of gratitude for bringing someone to power.

The bank remained state-owned. Corporate governance was retained. And to prevent court red tape, a separate law was passed.

“Pope Carlo overestimated the obedience of the apostates,” as they wrote at the time.

And it gets worse. Kolomoisky is in custody. His sentence keeps getting extended.

And so – a legal defeat and the need to compensate 3 billion. And on the horizon, there are still possible questions from the American Themis, including the state of Delaware…

In many ways, the business model that originated in the 1990s failed. It wasn’t “invest-earn-invest,” but “grab-take-cheat.”

The first model is resilient, capable of withstanding more than 100 fake “cases” and even “sanctions,” as Poroshenko’s experience demonstrates.

The second one must become a thing of the past, along with all the accompanying material.

By the way.

In 2021, an international consortium of investigative journalists published a collection of offshore documents – the Pandora Papers.

Among other things, it talks about the transfer of Kolomoisky’s structures to structures associated with Zelensky and a number of other figures in the current government (albeit already “worked out”).

Therefore, in the context of the return to the state of the funds withdrawn by Kolomoisky, this story will probably also expire.

The millstones of history grind slowly but inexorably. And, as Kolomoisky himself liked to say, “at the exit is the cash register.” It’s time to pay.

The UK Court of Appeal has rejected an appeal by former owners Igor Kolomoisky and Gennady Bogolyubov against the previous ruling of the High Court of England and Wales regarding PrivatBank.

The UK Supreme Court previously confirmed that the nationalization of PrivatBank was the right decision.

As a reminder, PrivatBank won a case in an English court against its former owners , Igor Kolomoisky and Gennady Bogolyubov. The decision was confirmed by the bank’s press service.

Also follow “Pryamy” on Facebook , X , Telegram and Instagram.