Ukraine’s Largest Bank Unveils Alleged Billion-Dollar Fraud and Money Laundering Scandal in High Court Trial

…By Lola Smith for TDPel Media.

The bank claims that the former owners misappropriated over £1.5 billion (approximately two billion US dollars), leading to the bank’s failure in 2016.

The Trial Proceedings:

They stated that Kolomoisky denies any unlawful conduct and challenged the application of Ukrainian law principles in an English court.