UK Tax Enforcement Tested with Accounts of Ukrainian Money Laundering

The Ukrainian bank PrivatBank is prosecuting its two previous proprietors to attempt to reacquire billions of dollars they supposedly obtained and misused through fraudulent loans, before the bank was previously bought by the state in 2016.

The case is being acquired the English courts, where PrivatBank is looking for a blanket freezing demand on all bank accounts of the two criminals, including the six organisations under their control in the UK and abroad.