Business news from Ukraine

Business news from Ukraine

STATE-OWNED PRIVATBANK ACCUSES PWC (CYPRUS) AND PWC (UKRAINE)

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

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