Russia to sue Ukraine in London because of «debt of Yanukovych»

The Russian Federation against Ukraine filed a lawsuit in London’s High court because of non-payment of three billion dollars of debt. About it on February 17, 2016, reports Bloomberg with reference to the Minister of Finance of Russia Anton Siluanov.

Siluanov expressed hope that the hearings will be «open, transparent».

Through this process, the Kremlin will try to take control of Ukrainian assets abroad.

As previously reported, according to leading world experts, Russian authorities will lose in the international court of justice a claim against Ukraine concerning non-payment of so-called «debt Yanukovych,» if it is established that at the time Moscow was already preparing a plan for the annexation of Crimea.

«It’s hard to understand why Ukraine should pay, taking into account Russia’s aggression in the Donbas,» — said the former U.S. Ambassador to Ukraine, expert of the analytical center of the influential Brookings Institution Steven Pifer.

Recall that the Russian government loan was issued by Kiev in late 2013. As argued then the reviewers, in exchange for refusal of the regime of Viktor Yanukovych from European integration.

Loan commitments for a period up to 20 December 2014 was signed then occupied the post of Prime Minister Nikolay Azarov, now hiding from the Ukrainian justice in Moscow.

After the victory of the Revolution of Dignity, the new democratically elected Ukrainian government has repeatedly stated that it will not pay the debt, if Russia will not agree to its restructuring. The IMF has urged Ukraine and Russia to sit down at the negotiating table on debt restructuring

However, the Ministry of Finance has repeatedly stated that Ukraine had not received any formal proposals from Russia on delay in payment of the debt.

On 16 December, the IMF Executive Board has recognized the official status of the Russian loan Ukraine $ 3 billion.

In response, Ukraine in accordance with applicable law and previously assumed commitments with respect to debt transactions, announced a moratorium on the payment of any debts to the Russian Federation.

Russia to sue Ukraine in London because of «debt of Yanukovych» 17.02.2016

Февраль 17th, 2016 by
36 queries