By Guy Faulconbridge and Stephen Grey
PARIS (Reuters) – Sergei
Pugachev, a tycoon once dubbed “Putin’s banker” because of his influence
in the Kremlin, has filed a $12 billion (7.76 billion pounds) claim
against Russia after his business empire was carved up when he fell out
of favour with President Vladimir Putin.
“Over the past few years, Russia has pursued a
multi-pronged attack against me, my family, and my investments,”
Pugachev said in a written statement on Tuesday. “I refuse to be
intimidated by Russia’s tactics.”
Reuters reported on Monday that lawyers for Pugachev had
issued notice of a claim of more than $10 billion against Russia that is
likely to be heard in the Permanent Court of Arbitration in The Hague.
Pugachev’s lawyers said that such claims can take years
but noted that Moscow is already fighting a separate ruling by the same
court in 2014, when it was ordered to pay $50 billion for expropriating
the assets of Yukos, once Russia’s biggest oil producer run by Mikhail
Khodorkovsky.
Click here for the full article.
Source: Euronews
No comments:
Post a Comment