Details of preparation for trial with Russia on "Yanukovych debt" confidential – Jaresko

15:15, 04 March 2016
226 0

Ukrainian authorities are carefully preparing for trial with the Russian Federation at London's High Court; however, they do not intend to disclose details of such preparation and their defense strategy, Ukrainian Finance Minister Natalie Jaresko told journalists on Friday.

REUTERS

"It's hard work that we don't want to reveal. We will work to protect the interests of Ukraine," Jaresko said, when asked about the strategy of Ukraine in a London court on Russia's lawsuit on a $3 bln "Yanukovych loan."

Late Thursday, Ukrainian Finance Ministry issued a statement indicating that Ukraine had submitted to London's High Court confirmation of its receipt of procedural documents, where Ukraine confirmed its intention to defend itself in a lawsuit brought by The Law Debenture Trust Corporation Plc in relation to the so-called debt to the Russian Federation.

Read alsoJaresko on IMF Memo: living document, every week something changes"Ukraine re-confirms its previously stated intention vigorously to defend the claim. The Ministry of Finance of Ukraine has instructed the leading international litigation firm Quinn Emanuel Urquhart & Sullivan to represent Ukraine in the proceedings," the statement said.

If you see a spelling error on our site, select it and press Ctrl+Enter