Ukraine is pursuing war-crimes charges against leaders of JPMorgan Chase, Citigroup, and other major Western banks over their purported indirect financing of the Russian state, an economic advisor to Ukrainian President Volodymyr Zelenskyy said Tuesday.
“There is no doubt that Russia is committing war crimes in Ukraine, against Ukrainians,” Oleg Ustenko, the advisor, said in an interview with CNBC. “In our logic, everybody who is financing these war criminals who are doing these terrible things in Ukraine are also committing war crimes.”
Earlier this month, Ustenko wrote to JPMorgan Chase CEO Jamie Dimon and the bosses of Citigroup and HSBC asking them to cut ties with companies that trade Russian oil and sell shares in Russian oil and gas firms such as Gazprom and Rosneft.
Ustenko said of the banks in his CNBC interview: “We are going to pursue, not maybe companies, but managers of these companies.”
He added: “We have different options. The first option is definitely ICC.”
Ustenko said Ukraine’s justice and security services were gathering information about the banks’ activities that would be passed to the International Criminal Court.
The ICC has the power to prosecute people but not entities.
In his letters to the bank CEOs, which were seen by the Financial Times, Ustenko accused the banks of “prolonging” the war in Ukraine.
Comments are closed.