Economics
Ukraine’s Central Bank Blames Oligarch for ‘Focused Attack’
- Governor says billionaire Kolomoisky is fomenting pressure
- Kolomoisky is waging battle over control of lender Privatbank
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Ukraine’s central bank openly accused billionaire Igor Kolomoisky of orchestrating an intimidation campaign through public protests and negative media coverage as he fights to win back control of the country’s biggest lender from the state.
Kolomoisky has clashed with officials over the 2016 nationalization of the country’s biggest lender, Privatbank, which he used to own, and allegations that he siphoned $5.5 billion from its coffers that the government is trying to recoup.