You're reading: Reuters: Ex-shareholders in Ukraine’s PrivatBank say disproving some fraud allegations is complicated

Reuters: Ex-shareholders in Ukraine’s PrivatBank say disproving some fraud allegations is complicated

By Reuters.
A window washer works at a PrivatBank branch on June 1, 2017, in Kyiv.
Photo by Volodymyr Petrov

Lawyers representing two former owners of Ukraine’s biggest lender PrivatBank denied on Wednesday all allegations of fraud made by the bank but said proving that $248 million was not misappropriated would be complicated.

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