Lawyers are working on a possibility of waiving Ukraine’s debts to the Russian Federation or Russian companies as part of the execution of decisions of international courts in lawsuits won by Ukraine and Ukrainian companies from Russia regarding the loss caused to Ukraine in Crimea, one of the initiators of the litigations and former owner of PrivatBank Ihor Kolomoisky has said.
“Lawyers are working now to ensure that Ukraine’s debt, for which Ukraine is suing… there are billions of dollars in obligations to the Russian Federation, or, for example, $110 million for Tatneft, perhaps after a victory in the courts it will be possible to legally waive them. It is not an easy task, but it is being implemented,” he said in an interview with the Censor.net ezine.
According to him, an alternative to such debt repayment is the work of seizing Russian assets abroad.
Kolomoisky recalled that he was the first to sue the Russian Federation because of the damage suffered as a result of the annexation of Crimea, but now such disputes in international courts are initiated by Rinat Akhmetov’s companies, state-owned PrivatBank and Oschadbank.
