You're reading: RFE/RL: Ukraine’s PrivatBank sues billionaire Kolomoisky in US court

A major Ukrainian bank at the center of a scandal involving a powerful, politically connected billionaire has sued its former oligarch owners in U.S. court, amid a battle for control that could affect relations with Western lending institutions.

PrivatBank, which was nationalized by Ukraine three years ago, filed the lawsuit on May 21 in Delaware state court against Ihor Kolomoisky and Hennadiy Boholyubov.

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