War is not a hindrance: Ukrainian court deprived PrivatBank of an asset worth 86 million hryvnias

24 March 2022, 14:30 | Economy
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According to Privatbank, during this difficult period, Ukrainian courts should become a model of justice and law enforcement, but this is not about them.. Central Economic Court of Appeal. Dnipro) on the very first day of martial law, despite the outbreak of war and the threat to the lives of participants in the trial, made a decision that effectively deprived the state PrivatBank of ownership of the building in Dnipro worth 86 million. UAH. This is stated in the message of the bank.

According to the head of PrivatBank's judicial department, lawyer Oleg Lazovsky, after the declaration of martial law in Ukraine, Ukrainian courts and the Central Economic Court of Appeal in particular, basically postpone the consideration of all court cases and postpone court hearings. However, this does not apply to only one case related to the former top management of PrivatBank.. So, at the court session on February 24, the appeal of the state bank against the decision of the economic court of the Dnipropetrovsk region in case No.. According to the lawyer, the bank announced the adoption of the decision of the Court of Appeal only on March 12 by e-mail. Until that moment, the court did not provide the bank with any information about the status of the consideration of this case - and this despite the fact that after the introduction of martial law, access to the Unified State Register of Court Decisions is temporarily limited.

It is noted that the collegium of judges consisting of Kuznetsov V.. , Koval L. and Cheredko A. According to the lawyer, this was done despite the bank's request to postpone the court session due to the introduction of martial law in Ukraine and a real threat to the lives of participants in the process..

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PrivatBank does not agree with the daring deprivation of ownership of property.



“We will appeal this illegal judgment to the Supreme Court and I am sure that justice will prevail! – noted Oleg Lazovsky. “This situation is absolutely not normal and unacceptable in wartime, when the state-owned PrivatBank is doing everything possible to ensure continuous operation for the financial stability of Ukraine and the financial security of every Ukrainian”.

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Recall that PrivatBank launched a service for the work of its branches in wartime conditions.




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