Businessman Ihor Kolomoisky, one of the former stockholders of PrivatBank, has issued a comment on the bank’s recent nationalization.
The comment was sent to UNIAN and published without changes (unofficial translation):
“In this difficult time for the former shareholders, I would like to share a brief comment on the nationalization of PrivatBank, articulated in the three theses.
1. I would like to thank the Cabinet of Ministers and particularly [Prime Minister] Volodymyr Groysman. As you know, in the wake of the latest wave of panic among clients, provoked primarily by the activity of the NBU [the National Bank of Ukraine], we were forced to come up to the Cabinet with the proposal that PrivatBank should be taken over by the state. I think that the Prime Minister and his team have shown real courage by taking this difficult decision. If they had not taken this step, this would have jeopardized the entire financial system of Ukraine.
