Billionaires Ihor Kolomoisky and Gennady Bogolyubov used to own Privatbank — the largest bank in Ukraine — and now they are being sued for using it for a decade to launder more than $470b (through its Cyprus subsidiary) ($470b is more than double the GDP of Cyprus over the same period).
Continue reading “Ukrainian oligarchs accused of laundering $470b, buying up much of Cleveland”