The Sixth Administrative Court of Appeal on Wednesday closed the proceedings on the appeal by the ex-owners of PrivatBank (Kyiv) of the decision to withdraw it from the market with the participation of the state and confirmed the impossibility of returning the nationalized bank to the former owners, according to the website of the National Bank of Ukraine (NBU) on Wednesday.
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The Sixth Court of Appeal in Kyiv confirmed the legality of decision No. 205 of the National Bank of Ukraine (NBU) dated December 13, 2016 on the determination of persons associated with PrivatBank, which was canceled by the District Administrative Court of Kyiv on April 18, 2019 at a suit of Ihor Kolomoisky's company Triantal Investments Ltd. (Cyprus).