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Ukraine’s Finance Ministry will appeal the decision of the High Court of London on so-called $3 billion “Yanukovych's debt”

Fri, 19.05.2017 07:39



Ukraine’s Finance Ministry on June 10 will appeal the decision of the High Court of London on the Russian suit against Ukraine over the so-called $3 billion "Yanukovych's debt," minister Oleksandr Danyliuk, told journalists.

"It’s going to be June 10... This is the day we will submit [an appeal]," he said, answering reporters’ question. As UNIAN reported earlier, the High Court of London on March 29 approved an expedited consideration of Russia’s lawsuit against Ukraine on the $3 billion "Yanukovych's debt," turning down Ukraine's arguments in this matter.

The High Court of London on January 19 completed three-day hearings on Russia's claim to Ukraine regarding the $3 billion loan the Ukrainian government received in December 2013 under the agreement between Russian President Vladimir Putin and then-Ukrainian President Viktor Yanukovych.

Ukraine regards this loan as the Kremlin’s "bribe" to the former Ukrainian government for turning away from the country’s European integration path, while the Russian side insists on its full repayment.

Source: UNIAN

 

 

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