The National Bank lost the court case to the owner of the “Radical bank” that was closed in 2015 and is now obliged to pay him monetary compensation for 71% of the shares.
This is stated in the decision of the Economic Court of Kiev.
On March 4, the Economic Court of Kiev satisfied the claim of Industrial Innovation Company LLC and collected from the National Bank of Ukraine (NBU) in favor of the plaintiff 128 million 943 thousand UAH as “compensation for property damage, which was inflicted by an unlawful decision of the NBU to classify Radical Bank as insolvent “.
Earlier, the “Industrial Innovation Company”, which owned a 71% stake in the bank at the time of bankruptcy, proved the illegality of the NBU’s decision to classify the Bank Radical as insolvent.
It needs to be noted that the “Radical Bank” at one time was associated with the Kiev City Council Deputy Andrei Pasichnyk, who was suspected of frauds.