Date: a month ago   Category: Politics

Kolomoysky's claim against Ukraine: what demands and when announce the decision


The Stockholm arbitration has to make the final decision on business on the claim of minority owners of Ukrnafta Igor Kolomoysky and Gennady Bogolyubov against Ukraine. The claim the size for the total amount of 5.4 billion dollars will be accepted not earlier than 2020.

testify data in the draft of the prospectus of the issue of eurobonds of Ukraine To it. Reported the Interfax Ukraine edition.

"Passed the first round of the hearings of the case from April 1 to April 18, 2019 in London. After hearings of the party agreed about date of granting summary - on July 31, 2019. The second round of oral hearings was appointed to October 18, 2019. It is expected that the final decision will be made not earlier than 2020", - wrote in the document.

the Former owners of Privatbank Igor Kolomoysky and Gennady Bogolyubov own 42% of stocks of Ukrnafta. The controlling stake is owned by state Naftogaz.

What is known about Kolomoysky and Bogolyubov's claim against Ukraine? In 2015 Kolomoysky and Bogolyubov submitted against Ukraine a claim to the Stockholm arbitration in which they accuse Ukraine of harming because of gas offtake of Ukrnafta without payment or with payment on a reduced rate, non-execution of solutions of the Ukrainian vessels, reduction of the quorum necessary for carrying out council of shareholders. Oligarchs estimated the claims to Ukraine at 4.7 billion dollars, however subsequently increased their size to 5.4 billion dollars.

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