The Holosiivskyi District Court of Kyiv has cancelled all seizures of property belonging to PJSC Ibox Bank, which were originally imposed in 2023. This ruling clears the way for the liquidator to fully dispose of the bank’s assets, finalize settlements with creditors, and officially close the legal entity.
The court’s decision applies to key contracts, financial documentation, and data storage media that had previously been blocked. Notably, the criminal proceedings against the bank’s former shareholders—which formed the basis for these restrictions—were officially closed in July 2025, with an appellate court upholding the decision that autumn.
As the Holosiivskyi Court’s ruling has already entered into legal force and is not subject to appeal, the Ibox Bank liquidation, which has been ongoing for over three years, has effectively entered its final phase. Bank representatives also dismissed earlier allegations by the former leadership of the Economic Security Bureau (ESB) regarding an alleged 5 billion UAH tax evasion as unfounded.
The lifting of these seizures has renewed debates regarding the circumstances surrounding the bank’s collapse. Public discourse has frequently suggested that the campaign against Ibox Bank may have been driven by an intent to redistribute financial flows within the gambling industry, rather than a genuine effort to sanitize the banking sector.
«The situation surrounding the bank’s liquidation has once again highlighted deep-seated issues regarding gambling market oversight and potential conflicts of interest among high-ranking officials,» industry experts noted.
The situation is further complicated by a public conflict between Member of Parliament Danylo Hetmantsev and the leadership of the National Bank of Ukraine (NBU), specifically Governor Andriy Pyshnyy. Hetmantsev has repeatedly criticized the regulator for inaction in combating tax evasion schemes within the gambling sector. According to his estimates, delays in launching the state online monitoring system result in annual budget losses of up to 20 billion UAH.
In response, the National Bank of Ukraine has rejected these accusations, characterizing them as political pressure on the institution’s operations. The issues of fully operationalizing monitoring systems and ensuring transparency in the financial market remain among the most contentious topics in the Ukrainian economic sector.