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The Ministry of Finance of Ukraine intends to appeal in early June the decision of the High Court of London on Russia’s suit against Ukraine over the so-called $3 bln "Yanukovych's debt," the ministry’s press service told UNIAN.
At the same time, the ministry has not provided any details of Ukraine’s upcoming legal moves in the case.
Read alsoTwo-thirds of funds recovered from Yanukovych team can be used only after budget revision – finance ministryAs UNIAN reported, the London court on March 29 approved an expedited consideration of the lawsuit of Russia against Ukraine on "Yanukovych's debt" of $ 3 billion, not recognizing the validity of Ukraine's arguments in this matter.
The High Court of Justice in England on Wednesday, March 29, approved a motion for the expedited consideration of Russia’s lawsuit against Ukraine regarding the so-called "$3 billion Yanukovych debt," having not recognized the validity of Ukraine's arguments in this case
The lawsuit is related to the $3 billion loan taken by the government of ex-president Viktor Yanukovych in the last months in power according to an agreement with Russian President Vladimir Putin.
Read alsoUkraine's state debt grows to $72 bln in 1Q 2017Ukrainian authorities regard the loan as the Kremlin’s "bribe" to the former Ukrainian government for refusing from further European integration, while the Russian side insists on its repayment.
It should be recalled that the Kremlin was dissatisfied with a decision taken by the International Monetary Fund to change its rules to allow lending to Ukraine without Kyiv paying back the so-called "Yanukovych debt."