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Kolomoyskiy seeks $2-bln in compensation after PrivatBank nationalization
Journal Staff Report

KYIV, April 8 Ц Billionaire Ihor Kolomoyskiy, a former owner of PrivatBank, seeks the government to return $2 billion in PrivatBank capital that he believes has been unfairly taken from him during nationalization.

"I don't understand the government's position. They want to keep PrivatBank? Let them. I don't need PrivatBank. But there was $2 billion in capital there. Let them return it to me and there will be no problems," Kolomoisky said in an interview with the Kyiv-based Ekonomichna Pravda.

"Let's say a house cost UAH 1 million. Or UAH 10 million together with the land it was built on. How much would you ask for in compensation? I would as for UAH 100 million, taking into account moral damages and all the unpleasant things which were said," he said.

Kolomoyskiy said after the change in power he is counting on an honest and fair court hearing on the PrivatBank case.




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