According to Viktor Hryhorchuk, Head of Claims and Litigation at the NBU, the court dismissed the case since existing laws explicitly proscribe transferring shares of banking institutions from the state to private investors if the business was insolvent at the time of nationalization. To date, Ukrainian courts have dismissed proceedings in over 30 legal cases related to PrivatBank that challenged the validity of the bank’s nationalization, NBU adds. Read also: Ukrainian PrivatBank doubles its net profit in 2023 In September 2023, Ukrainian authorities charged Kolomoisky with legalizing propert…