Treasures of Polubotok and the Bank of England
In XVIII century sons of hetman Pavlo Polubotok (1660 – 1724) put a huge amount of money to the British East India Company (also known as B.E.I.C.) with an interest of 4% per year. There are two conditions under which we can get the money back are:
1. being a direct descendant of hetman
2. when Ukraine gains its independence
It’s known that during the Ukrainian People’s Republic (1917 – 1920) there was a case when a man came from Argentina to Vienna in the embassy of the Ukrainian People’s Republic in Austria, and said that he’s a direct descendant of hetman Polubotok. Then the ambassador of the Ukrainian People’s Republic in Austria demanded a meeting with a representative of the B.E.I.C., but such a company ceased to exist in 1858 and the entire capital and the deposit liabilities moved to the Bank of England. So it was the representative of the Bank of England who came. Further, there is no precise information what happened then. But we also know that no money has ever been sent to Ukraine.
According to the estimations the amount of money which the Bank of England has to pay to Ukraine is about £1 trillion. Of course, if we put out such an amount from the fiscal system of the Great Britain, it’ll be a big problem. But I think Ukraine would agree on repayment via tranches. However, the UK doesn’t think about repayment, because the Ukrainian government does eventually nothing to get repayment.
Generally, we can’t say for sure whether it’s a fiction or a legend, or this event took place. But I’d like to mention one interesting thing to justify that this story is true. Time of the economic prosperity of the United Kingdom and the time of putting the money on deposit account by hetman’s sons match the XVIII century. Maybe in the same way England has earned a lot of money, and this case concerns not only Ukraine but also a lot of other states.



7 Comments to “Treasures of Polubotok and the Bank of England”
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