PrivatBank (Ukrainian: ПриватБанк[nb 1]) is the largest commercial bank in Ukraine,[4] in terms of the number of clients, assets value, loan portfolio and taxes paid to the national budget. PrivatBank has its headquarters in Dnipro, in central Ukraine. It was founded and managed by Gennadiy Bogolyubov and Ihor Kolomoyskyi.
On 18 December 2016, the bank was nationalized by the government of Ukraine to protect its 20 million customers and to preserve "financial stability in the country".[5][6] A forensic audit performed by Kroll showed that the bank had been subject to large scale coordinated fraud before nationalisation resulting in losses of at least US$5.5 billion.[7][8][9][10]
From Wikipedia (I know) but the timeline fits.
PrivatBank (Ukrainian: ПриватБанк[nb 1]) is the largest commercial bank in Ukraine,[4] in terms of the number of clients, assets value, loan portfolio and taxes paid to the national budget. PrivatBank has its headquarters in Dnipro, in central Ukraine. It was founded and managed by Gennadiy Bogolyubov and Ihor Kolomoyskyi.
On 18 December 2016, the bank was nationalized by the government of Ukraine to protect its 20 million customers and to preserve "financial stability in the country".[5][6] A forensic audit performed by Kroll showed that the bank had been subject to large scale coordinated fraud before nationalisation resulting in losses of at least US$5.5 billion.[7][8][9][10]
TY u/sparty_girl