Automatically translated version. May contain inaccuracies compared to the original.
The court in Britain closed the path for Kolomoisky and Boholyubov to appeal the decision by $3 billion.
The Supreme Court of the United Kingdom refused to grant the former owners of PrivatBank — Ihor Kolomoisky and Hennadiy Boholyubov — permission to appeal the English court’s ruling, which requires them to pay the bank more than 3 billion dollars as compensation for losses, interest, and legal costs. This was reported by PrivatBank’s press service, citing court orders.
PrivatBank reminded that in July 2025 the High Court of England established that the former owners of the bank committed fraud against the financial institution and issued a ruling on compensating the damages.
However, Kolomoisky and Boholyubov appealed this decision, claiming that they allegedly returned unlawfully appropriated funds to the bank. Yet 22 in May 2026 the Court of Appeal of England rejected their appeals.
“Yesterday’s orders conclude the appeals process. This means that the English court’s July 2025 ruling, which obliges the former owners to pay PrivatBank more than 3 billion US dollars as compensation for losses, interest, and legal costs, can now be enforced in any jurisdiction,” the bank emphasized.
Earlier, the High Court of England issued its decision regarding PrivatBank’s former owners Ihor Kolomoisky and Hennadiy Boholyubov. According to the ruling, they are obliged to pay PrivatBank more than 3 billion dollars in compensation for losses and legal costs.
As ZN.UA wrote, the London hearing saga “PrivatBank vs Kolomoisky and Boholyubov” dragged on so long that one of the juiciest cases in Ukrainian history turned into a dried fruit. Still, dried fruit is even more useful. So we have a decision that is exemplary in its severity — the bank’s claims were satisfied in full. Read the article in detail “How Kolomoisky and Boholyubov Lost in the High Court of London.”
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