The Bank hopes the decision of the international arbitration claim against the Russian Federation in 2017

"Ощадбанк" надеется на решение международного арбитража по иску против РФ в 2017 году

The Bank hopes the decision of the international arbitration claim against the Russian Federation for the loss of assets in Crimea for more than $ 1 billion in 2017. About this on his page in Facebook said the head of the Bank Andrey Lush.

According to a report in the international arbitration court “Oschadbank” will represent the global legal leader Quinn Emanuel Urquhart & Sullivan LLP. Also in this case involved leading experts of Russian and international law, who have extensive experience of international disputes.

“On the eve of the new 2017 we do not just believe in the rule of international law and his victory, and did, do and will do for this rule of everything we can. So 2017 for us the key year. Year history in action,” wrote Lush.

We will remind that on August 26, 2016 the Bank has filed against Russia’s claim on the assets in Crimea 1 billion dollars. Amount of claims includes the cost of loss of assets, the cost of losing business and interest that will be accrued until the Tribunal’s final decision and prior to actual receipt of payment at the commercial rate specified by the Tribunal.

News on topic: In the accounts of “Oschadbank” is about 1.15 billion dollars. Yanukovych and Azarov, Lush

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