The court arrested the shares of the subsidiaries of three Russian banks

Суд арестовал акции "дочек" трех российских банков

The court seized of the action “daughters” of Russian banks

The court satisfied the claim of companies linked to Kolomoisky, in the case of the loss of property in Crimea.

The appellate court of Kiev arrested the shares of the subsidiaries of three Russian banks – Prominvestbank (owned Vneshekonombank), Sberbank and VTB Bank. It is reported FinBalance Wednesday, September 12.

As noted, September 5, the court granted the application of a number of companies associated with Igor Kolomoisky and his partners and seized the shares of three banks.

In addition, the Appellate court banned Prominvestbank, Sberbank and VTB Bank to carry out the liquidation or reorganization of a legal entity, and to take any action to alienate these banks the right of ownership of movable and immovable property and dispose of it in any way, including but not limited to, contracts of sale, barter, donation, etc.

The arrests of the shares of banks and the prohibition to dispose of immovable and movable property was imposed on the petition as the claim in the case on the recognition and granting permission for the execution of the decision of Arbitration court of the Hague (Netherlands) from 02.05.2018 on collecting from Russia represented by the Ministry of justice of the Russian Federation as compensation for real property lost in the Crimea.

It is noted that the court in the Hague in favor of the companies “privatovets” was awarded to recover $ 139 million from Russia as compensation for their real estate objects in Crimea.

According to “privatovtsy” shares of Prominvestbank, Sberbank and VTB Bank, as property of the Russian state on the territory of Ukraine “can be levied on the basis of the decision of the international court of justice”.

In this context, the Kyiv court of Appeals came to the conclusion that on the territory of Ukraine is truly “a property which belongs to the Russian Federation and on which may be levied on the basis of the decision of the international court of justice”.

Recall, the Russian Vnesheconombank refused from the idea to sell its subsidiary Bank in Ukraine. The final decision to liquidate the Bank will take in November.

Earlier it was reported that Russian state-owned banks started to actively search for the exit from the Ukrainian market. Sberbank, VTB and Vnesheconombank are looking to sell the subsidiary banks in the country

 

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