Igor Kolomoisky's companies and Gennady Bogolyubov began to challenge the decisions of the state to seize their shares in Ukrnafta and Ukrtatnafta. This is stated in the court register, writes LIGA.
In early December, the Cypriot company Littop Enterprises Limited filed a lawsuit demanding the return of Ukrnafta shares seized from it.
The company's statement of claim, received by the Kyiv Economic Court on December 8, consisted of 18 points, including a request to recover 13.6% of Ukrnafta's shares from state ownership in favor of Littop Enterprises, as well as to invalidate all the decisions of the extraordinary general meeting of the company's shareholders. November 7 and 9, 2022.
The company made it clear that it is not against the temporary seizure of Ukranfta's property for defense needs, but requires confirmation of ownership of Ukrnafta shares. As an option, she suggested considering the issue of providing Ukrnafta with mobilization tasks.
The court has not yet considered the claim of Littop Enterprises and returned it.
He argued this by the fact that in one statement the company actually combined three claims (on the return of shares, on the cancellation of decisions of shareholders' meetings, on the cancellation of registration actions in the state register), which were not related to each other by the grounds for occurrence or the evidence presented.
As Minister of Justice Denys Malyuska reported, the beneficiaries of Littop Enterprises Limited (as well as two other shareholders of Ukrnafta – Bordo Management Limited and Bridgemont Ventures Limited) are Igor Kolomoisky, Gennady Bogolyubov.
Ukrnafta is the largest oil producer in Ukraine. The company owns about 2,000 oil and gas wells. It also owns a network of 537 gas stations.
The company has three groups of shareholders: the state NJSC Naftogaz of Ukraine (owns 50% + share), the informal Privat group of Igor Kolomoisky and Gennady Bogolyubov (through a number of offshore companies — 42% of shares), minority shareholders.
The Privat group of Kolomoisky-Bogolyubov has been credited with controlling Ukrnafta since 2003.
A similar lawsuit was filed by another Cypriot company, Ralix Services Ltd, but over a 7.67% stake in Ukrtatnafta.
She also asked that the shares of Ukrtatnafta be reclaimed from state ownership and that all decisions of the extraordinary general meeting of the company held on November 7 be invalidated.
The application of Ralix Services was turned down on the same grounds – the combination of three claims in one lawsuit.
Ukrtatnafta is the largest oil refinery in Ukraine, located in Kremenchug. More than 50% of Ukrtatnafta is owned by offshore companies of Igor Kolomoisky, Gennady Bogolyubov and Alexander Yaroslavsky. Another 43% of the plant's shares are owned by NJSC Naftogaz of Ukraine.
In 2021, the company supplied about 40% of gasoline and 14% of diesel to the Ukrainian market. The design capacity of the plant is 18.6 million tons of fuel per year. In September of this year, the plant ranked fourth among Ukrainian companies most affected by Russian shelling.
According to the Kyiv School of Economics (KSE), Ukrtatnafta’s losses from hostilities amount to $400 million. more than 40 missiles, it has not been working since March.
- Ukrnafta and Ukrtatnafta came under the control of the Ministry of Defense in November, along with three other strategic enterprises of Ukraine – AvtoKrAZ, Motor Sich and Zaporizhtransformator.
- After that, Ukrnafta and Ukrtatnafta were headed by Sergey Koretsky, the former CEO of the WOG filling station network. The general meeting of shareholders of Ukrnafta completely dissolved the company's board and left Koretsky as its sole director.
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