Continued Physical Intimidation of Privat Bank regulator

Tuesday’s arson attack on the Kyiv region home of the former head of the central bank is prompting a strong backlash from Westernizers worried that the Zelenskiy administration will fail to fulfill promises to provide impartial justice. In the pre-dawn hours of Tuesday, a man wearing a balaclava threw flammable materials then a flare into the suburban home of Valeria Gontareva, who lives in London. The empty house was gutted. The attack followed one month of setbacks for Gontareva: a car ran over her foot in London, her family car was destroyed in an arson attack in Kyiv, masked raiders claiming to be police raided her Kyiv apartment.

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“This is no longer a series of incidents, it is TERROR,” the National Bank of Ukraine posted in a statement. “Its purpose is to intimidate reformers, past and present, to paralyse our activities, to make us silent. We will not be silent.” Gontareva became central bank governor in June 2014, at the start of the nation’s banking crisis. By the time she stepped down three years later, she had declared 87 Ukrainian banks insolvent, about half the total.

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