POST Online Media Lite Edition


PrivatBank Kyiv files claim to court of Cyprus against PwC seeking $3bn

Staff Writer |
Public joint-stock company PrivatBank Kyiv is accusing PricewaterhouseCoopers Cyprus (PwC) and PricewaterhouseCoopers Ukraine of violation of their commitments during the audit of the financial reports of the bank for 2013-2015.

Article continues below

PrivatBank filed a claim to the regional court of Nicosia (Cyprus) against these companies, seeking $3 billion of compensation of losses caused by their actions, the press service of the bank told Interfax-Ukraine.

What to read next

Transaero seeks court protection, not willing to give $82 million to Aeroflot
MasterCard faces $18.6 billion UK lawsuit over fees
Russian court dismisses motion of Tax Service to declare VIM Airlines bankrupt