Allegation that the Defendants carried out an extensive fraud on the Ukrainian bank, JSC Fortuna Bank, between 2011 and 2014, during which time the bank was (it is claimed) ultimately owned by Mr Tyshchenko. The fraud is said to have been carried out through the grant of multiple loans to borrowing companies that did not engage in substantial commercial activity and who had no intention of repaying the loans.
Bacon J
[2021] EWHC 939 (Ch), [2021] Bus LR 972, [2021] WLR(D) 226
Bailii, WLRD
England and Wales
Updated: 06 August 2021; Ref: scu.662133