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Ukrainian businessman Ihor Kolomoisky, one of the former owners of Ukraine's largest PrivatBank, says the former shareholders of the bank are participating in talks on the restructuring of their loans, according to the TV news service TSN.ua.
"I can inform that the former owners of PrivatBank, in accordance with the undertaken obligations, are participating in the negotiation process to restructure their loans with a consortium of the companies that received a mandate to represent the interests of the Finance Ministry and PrivatBank, which was agreed with the International Monetary Fund," Kolomoisky said, TSN.ua reported.
He also noted that the negotiations began in June 2017, they are under way as scheduled and will continue until agreements are reached.
Read alsoKolomoisky: PrivatBank's billions "disappeared" under "close supervision" by NBU deputy governor"In my opinion, all the media hype stirred up by officials from the National Bank of Ukraine [NBU] regarding the restructuring of the loans of PrivatBank's former shareholders is connected with the fact that the NBU representatives are not aware of the ongoing negotiation process (which they have no relation to). It is likely that the NBU's statements, which are contrary to the data of audited official statements by the bank and distort the essence of the audit, are caused by the desire to absolve themselves of responsibility for the lack of professionalism and the price the public pays for the decisions taken by the NBU in relation to PrivatBank's nationalization," Kolomoisky said.
As was reported, the media published an official annual report of PrivatBank, audited by Ernst & Young. "I've familiarized myself with an official annual report published in the press on PrivatBank, which was audited by EY. If in their report to the government, PrivatBank's top managers appointed by the state counted about UAH 9 billion in loans issued to companies 'affiliated with previous shareholders' at the moment of nationalization, then I have no reason not to trust them," Kolomoisky said earlier.
He stressed that these managers were appointed by the National Bank and the Ministry of Finance after careful selection and analysis of their professional skills.