London court took on $ 3 billion of “Yanukovych’s debt”

Ukraine insists that the country made a deal under pressure

Yanukovych took money from Putin, Ukraine will pay off / Segodnya collage

The Supreme Court of Great Britain has completed hearings of all parties on the claim of Russia in the case of granting Ukraine $ 3 billion during the rule of the fourth President Viktor Yanukovych (2010-2014). The decision on the so-called “Yanukovych debt” will be announced in a few months, possibly in the summer of 2022.

This is reported by the Ministry of Finance of Ukraine.

Ukraine’s position

“The Supreme Court of the United Kingdom has heard the latest explanations from Ukraine in support of Ukraine’s position that Eurobonds in the amount of USD 3 billion were issued in 2013 as a result of coercion by Russia. The said Eurobonds were issued in December 2013 as a regular exchange a debt instrument, but 100% of which was purchased by the Russian Federation, which testifies to the extreme exclusivity of the situation, “the Ministry of Finance of Ukraine said.

Ukraine’s position consists of two options:

  • or the issue of bonds should be declared invalid by the court because it was carried out under duress;
  • or it would be fair to stop the proceedings.

Ukraine remains confident in the positive result of the solution of the case, initiated as one of the elements of the general strategy for the implementation of Russia’s aggression against Ukraine, which Russia continues to implement today.“, The ministry said in a statement.

Situation

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Source From: Segodnya

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