Ukraine’s top bank files $3 bln lawsuit against PwC – ValueWalk Premium

Ukraine’s top bank files $3 bln lawsuit against PwC

Ukraine’s largest lender PrivatBank said Monday it had filed a $3 billion lawsuit against PwC, claiming the auditor failed to call attention to “the huge fraud” plaguing the bank for years. PrivatBank was nationalised in 2016 after authorities blamed billionaire Igor Kolomoyskiy and other bank owners for issuing bad loans to cronies and having insufficient capital…



Mikali / Pixabay

LEAVE A COMMENT


X
Saved Articles
X
TextTExtLInkTextTExtLInk

The top investors are reading ValuewalkPremium.

Click here to learn why

0