Let us remind you that Privatbank became state owned after the decision proposed by the National Bank of Ukraine (the NBU) and Privatbank shareholders has been approved by the Ukrainian government. The state spent more than 155 billion UAH on the bank’s recapitalization.
In September 2018, the District Administrative Court of Kyiv confirmed the lawfulness of the NBU’s decision to recognize Privatbank to be insolvent rejecting a claim filed by the bank’s client.
Today, on April 18, the District Administrative Court of Kyiv found
the decision to withdraw the insolvent Privatbank from the market with the participation of the state to be unlawful. The NBU will appeal this decision
This is not the first politically motivated decision of the DACK — and another solid proof of the urgent need to cleanse the court of untrustworthy judges. Alas, the cleasing cannot be done
while the HQCJ isn’t interested in it, and goes on with the judges qualification assessment in a conveyor mode with a civil society participation disabled
. Therefore, the HQCJ itself should be restarted, and the qualification assessment of judges should also start anew then.