Ukraine has paid Russia £1.16 million of litigation costs in an action for debt at $3 billion


MOSCOW, September 21. /TASS/. Ukraine has fulfilled the judgement of the High court of London about the payment of court costs under the claim of the Russian Federation on the debt of $3 billion and paid £1.16 million of litigation costs on the claim.

The Ministry of Finance of the Russian Federation said that the company The Law Debenture Corporation PLC (the representative of Moscow’s interests as the sole owner of the bonds of the Kyiv – approx. TASS) has confirmed the receipt of payment. “Thus, Ukraine has fulfilled the judgement of the High Court of London, on payment by Ukraine of the legal costs incurred by the Russian side”, – notes the Agency.

The claim of the Moscow High court of justice London on the 29th of March 2017. Then the Russian Ministry of Finance stated that the court’s decision suggests that Kiev is obliged to pay the nominal value of Eurobonds, as well as the appropriate amount of accrued interest.

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