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Ukrainian PM denies talks on "compromise" over PrivatBank

Ukrainian PM denies talks on "compromise" over PrivatBank
Oleksiy Honcharuk
Photo: EPA/UPG

Ukrainian Prime Minister Oleksiy Honcharuk has denied negotiating a compromise solution to the dispute over the nationalisation of PrivatBank.

"An article was published in the Financial Times (FT) in the morning, in which I comment on the case of PrivatBank and, it seems, emphasize that we are looking for a compromise on this issue. The article was immediately reprinted by Ukrainian media, which added that the government is negotiating a compromise on this issue. To avoid further manipulations and publicity, I want to put an end to this: the government is not negotiating with anyone," he said on Facebook.

Honcharuk also added that the government was carefully studying the situation with PrivatBank, including negotiations with its former owners, which were carried out by the bank's previous independent supervisory board.

"Moreover, I emphasized to FT journalists that I do not know the legal details of this case in order to provide in-depth comment on the essence," the prime minister said.

On the morning of 17 April, The Financial Times reported, quoting Honcharuk, that a compromise was possible in the dispute with PrivatBank's former owner Ihor Kolomoyskyy.

"The IMF has warned Ukraine that backsliding on PrivatBank's nationalization would jeopardize its $3.9 billion Stand-By Arrangement," The Financial Times said.

"Whatever solution we find, we have to find it together with the IMF," Honcharuk was quoted as saying.

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