Former Governor of the National Bank of Ukraine (NBU), ex-head of PrivatBank's Supervisory Board Volodymyr Stelmakh says that Ukraine's No. 1 PrivatBank did not require nationalization in December 2016 and could use its own resources, according to the Ukrainian finance news portal Finbalance.
The Kremlin-controlled Crimean "authorities" have ordered "nationalized" enterprises Krymkhleb, Simferopol Grain Products Plant, Krymtelecom, Krymtekhnologii and Tavrida publishing house to draft before year-end a package of papers required for a privatization procedure, Krym.Realii reported with reference to the press service of the Kremlin-controlled Ministry of Property of Crimea.
In August and September 2017, court hearings will be held, where the so-called "State Property Fund of the Donbas People's Republic" is preparing to seize control over the assets of a number of Ukrainian companies, according to DN.ua
The number of loans issued by PrivatBank to related parties, announced by the National Bank of Ukraine (NBU), has not been confirmed to date, which allows the former owners of the bank to challenge the state's decisions on its nationalization in court, Managing Partner at Suprema Lex law firm, adviser to PrivatBank's bond holders Viktor Moroz said, according to an article by Yuliya Samayeva in ZN.UA.