The return of PrivatBank (Kyiv) to its former shareholder Ihor Kolomoisky is unlikely, but it is possible in theory, if the Verkhovna Rada passes a bill on improving some mechanisms for regulating banking activities at second reading, the likelihood of the return of the bank to its ex-shareholders would decline to 1%, Justice Minister of Ukraine Denys Maliuska has said.
“Under certain circumstances, with several decisions of judges… it is extremely unlikely, but now it is theoretically possible. If a bill [on banking activities] is passed, which… is now under consideration by the committees, then such a return will be 99% impossible,” he said on the NV radio on April 24.
Maliuska also said that he left 1%, since it is difficult to guarantee that “some judge will not lose common sense and will not announce some kind of nonsense, which will then be canceled.”
