The court refused to transfer the profits of Gazprom in the penalty

Суд отказал в передаче прибыли Газпрома в штраф

84 million hryvnia Russian Gazprom from Kiev Gaztranzit refused to include in the repayment of the fine.

The economic court of Kiev refused Geopolitiniai service in the write-off of 84 million hryvnias of dividends by Russian Gazprom from Kiev Gaztranzit in repayment imposed by the Antimonopoly Committee fined 172 billion.

This writes the Ukrainian news with reference to the decision of the court of 31 may.

On 28 April the General meeting of shareholders of Gaztranzit decided to allocate 90% of net profit for the year 2016 in the amount of 209 million hryvnias for the payment of dividends. Gazprom owns 40% of shares in the capital of Gaztranzit, so he will receive 84 million.

The court decided to deny the Executive office on the write-off of dividends, as the list of shareholders of Gaztranzit entitled to receive dividends for 2016, is not determined.

As you know that Naftogaz and Gazprom holds a 40% stake of Gaztranzit, also 19.5% of the shares of the Turkish company Turusgas. The company was established in 1997 to increase the volume of transit of Russian natural gas to Turkey and Balkan countries.

We note that Gazprom terminates the agreement with Gaztranzit. The agreement shall cease to have effect from 1 July.

Also we will remind that Ukraine wants to recover from Gazprom 172 billion hryvnias for abuse of a monopoly position in the market of natural gas transit country.

Source