The latest is 38 dead from COVID-19 in Ukraine, with at least 1,319 infected. Thirty-eight people have died from the disease, an increase of one since the previous report on the evening of April 5. In all, 28 people have recovered since the beginning of the outbreak in Ukraine.
Business Lockdown: Ukraine’s businesses are struggling after the country introduced nationwide restrictions on movement and travel starting on March 12. The restrictions have been toughened since then and are set to last until at least April 24. Most businesses are closed with employees working remotely or not working at all.
Businesses in Ukraine expect revenues to fall by half in 2020. Conducted by pollster Advanter Group and published on April 6, the survey shows that 28% of Ukrainian companies expect an even worse scenario this year, with their revenues decreasing by over 60%.
Anti-corruption agency: Ex-lawmaker lied about winning $21,000 on sports betting. The National Agency for Preventing Corruption (NAPC) has found that former lawmaker Oleh Lyashko violated the law by lying in his 2017 asset declaration about winning sports bets, Kateryna Kapliuk, an aide to NAPC Chief Oleksandr Novikov, wrote on Facebook on April 6.
Business News –
In March, Ukrainians withdrew UAH 2.7 billion and $19 million worth of cash from the country’s banks. The National Bank of Ukraine said on April 6 that this represented “significant nervousness” around the security of currency deposits. At the same time, however, the NBU says that this trend was weak and short-lived.
PrivatBank filed a new lawsuit worth $5.5 billion against its former owners, this time in Cyprus. The new civil suit alleges that amount in damages due to fraud and money laundering, which, according to the bank, were committed by its former shareholders Ihor Kolomoisky and Hennadiy Boholyubov, as well as former first deputy chairman of the board Timur Novikov and two Cypriot companies, PrimeCap (Cyprus) Limited and Duxton Holdings Limited, the bank has reported.
The combined civil claim for damages against Kolomoisky and Boholyubov has now exceeded $10 billion with interest and fees accruing on a daily basis. State-owned PrivatBank, nationalized by the NBU and Ministry of Finance in 2016, now technically owned by the Ukrainian Cabinet of Ministers, is filing simultaneous suits against its former owners that allege in the UK, US, Israel, and now Cyprus.
