The OP reacted to the court decision on PrivatBank

The government disagrees with the bank’s loss of $ 350 million to the Surkis and intends to appeal the decision in the appeals court.

The deputy director of the Office of the Presidency, Yulia Kovaliv, said that the state will defend its interests in the dispute between PrivatBank and the companies of the Surkis brothers, which yesterday won a case for $ 350 million. Kovaliv wrote about this on Thursday, September 3 on Facebook.

“With regard to yesterday’s court decision on the mandatory collection of almost UAH 10 billion from PrivatBank … I would like to point out that the state-owned PrivatBank is part of a stable and transparent banking system. The bank’s indicators meet with the standards of the National Bank and the expectations of depositors, and the state will protect their interests and the interests of citizens. ” – said Kovaliv.

According to her, the Ministry of Finance, the National Bank, PrivatBank and the Government do not agree with the decision and will defend the interests of the state and the bank in the appeal court.

Kovaliv also pointed out that the amount they are trying to collect by force from PrivatBank, that is, from the state budget, is comparable to:

• – 10 years of funding for a new Ukrainian school

• – 500 km of roads repaired

• – 2 modern children’s hospitals like Okhmatdet

Recall that on September 2, the Kiev Pechersk District Court fully satisfied the statement of the companies of the Surkis brothers on the procedure to implement the 2017 judicial decision on the obligation of PrivatBank to service their deposits deposited before nationalization from the bank in your accounts at the Cyprus branch.

In a corresponding statement, the companies asked the court to determine the amount that PrivatBank must pay them as part of the fulfillment of the deposit service obligations. According to the plaintiffs, the bank’s liabilities amount to $ 350 million (of which $ 102 million is interest calculated at a rate of 13% per year).

In addition, the companies asked the court to grant the GIS the ability to forcibly collect the corresponding funds from PrivatBank accounts in the event the bank voluntarily refuses to repay them.

According to PrivatBank’s position, the relevant agreements of Surkis offshore companies are considered fulfilled today, since in 2016, during the nationalization, they were exchanged for shares of an additional issue as deposits of people related to the bank.

Previously, the Justice Ministry said that it sees no reason to collect billions of hryvnias from the state PrivatBank in favor of the Surkis brothers, as there is no court decision in this regard.

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