Ukraine Wants to See US and EU Banks Prosecuted for War Crimes

Ukraine wants to see major U.S. and European banks prosecuted for their ‘war crimes’ in financing Russia through oil trading.

Ukraine’s Economic advisor to the President Voodymyr Zelesnkyy, Oleg Ustenko, told CNBC that the Ukrainian government ‘believed’ major banks such as JPMorgan, HSBC and Citi are aiding Russia through financing companies that trade oil with Russia, which makes it more difficult for Kyiv to fend off attacks from Moscow’s forces.

He used the phrase ‘in our logic’ everybody who is financing these war criminals (Russia), who are doing these terrible things in Ukraine, are also committing war crimes.

‘Exactly’ is the word the advisor said when asked if he wants to see these banks prosecuted for war crimes.


The story was first reported a little over a week earlier, stating that Ustenko blamed these banks for the reason that the war has dragged on this long.

In a letter to the U.S. and European banks, including  JPMorgan Chase, HSBC, Citigroup, Crédit Agricole etc., Zelesnkyy’s advisor asked international financial firms to stop financing the Moscow companies.


Financial Times reported at that time its investigation team found some of the firms that these banks claimed by Ukraine had association with traded in Russian oil and sold shares in Russian state-backed oil and gas groups Gazprom and Rosneft.