Businessmen Ihor Kolomoisky and Hennadiy Boholiubov have not complied with the decision of an English court that ordered them to pay PrivatBank $3 billion in compensation for losses and interest, the bank’s press service reported.
The deadline for voluntary payment expired on November 24, after which PrivatBank decided to move to enforce the judgment.
"The decision of the High Court of England can be enforced not only in Great Britain but also in other jurisdictions in accordance with the relevant national legislation of those countries. The bank is preparing to begin recognition and enforcement procedures for this judgment in a number of jurisdictions outside Great Britain, including in Ukraine, where the defendants hold assets"
– the bank said.
PrivatBank said that enforcement will be a lengthy and complex process, but it is firmly determined to secure justice and recover the damages suffered in the interests of its customers, its shareholder and all citizens of Ukraine.
Court ruling
The High Court of England on November 10 ordered Kolomoisky and Boholiubov to pay PrivatBank more than $3 billion in compensation for losses and legal costs over large-scale fraud against the bank.
The principal amount of damages was set by the court at $1.76 billion. The court also ordered Kolomoisky and Boholiubov to pay interest of $1.19 billion.
Context
Ihor Kolomoisky has been in pretrial detention since September 2023. He is suspected of illegally appropriating UAH 5.8 billion by means of fictitious cash deposits into PrivatBank's tills and other crimes, including an attempted contract killing.
Boholiubov left the country in June 2024, and in February 2025 he was placed under sanctions by the National Security and Defense Council (NSDC) along with Kolomoisky. According to the latest information, the businessman has settled in Vienna.
