Former PrivatBank owner accused in fraud case left Ukraine illegally, investigators say

KYIV, July 9 (Reuters) – Ukraine’s State Bureau of Investigation was looking into Gennadiy Bogolyubov, former co-owner of PrivatBank, who is suspected of using another person’s passport to leave Ukraine in June amid separate fraud allegations, it said on Tuesday.

PrivatBank, Ukraine’s largest lender, accused former co-owners Bogolyubov and Ihor Kolomoisky in a lawsuit filed in London of orchestrating sham loans and supply agreements between 2013 and 2014 to defraud the bank on an “epic scale”. Ukraine nationalised the bank in 2016.

Source: REUTER