The owners of the “Olympex” terminal refused to disclose data on their assets, the court ruled

The High Court of London ruled that the owners of the “Olympex” terminal refused to disclose information about their assets.

Thus, the owners of the GNT Group, Serhiy Groza and Volodymyr Naumenko, did not fulfill the agreement regarding the disclosure of information about their assets, reports Latifundist with reference to Lloydʼs List.

Earlier, American investment companies Argentem Creek Partners and Innovatus Capital Partners appealed to the court. The cause of the lawsuit was violation of court orders regarding the disclosure of assets of the founders of the Ukrainian import-export business GNT.

The company received an order to freeze the assets and accounts of Serhiy Groza and Volodymyr Naumenko on January 13, 2023. But the creditors believe that the Ukrainians disclosed only part of the information about their real wealth in court.

The court ordered the businessmen to provide further disclosure of their assets in April 2024. However, in their statements, Groza and Naumenko did not explain why the $97 million in dividends received between 2014 and 2016 were not reflected in their accounts.

During the last session, the court ruled that the accused actually refused to disclose the necessary information. The sentencing was postponed until October 4, so that the accused could provide these documents.

We will remind, “Olympex Coupe International” was built in Odesa port back in 2000. In May, the Bureau of Economic Security (BEB) published new facts confirming the export of grain from the Olympex terminal without paying taxes.