The court rejected Yevtushenkov Jr. to participate in the case on the claim of “Rosneft” to “System”

Moscow. July 12. INTERFAX.RU – the Arbitration court of Bashkiria on Wednesday refused to the son of the principal owner of AFK “System” Vladimir Yevtushenkov Felix to participate in the case on the claim of “Rosneft” to AFK “Sistema” is 170.6 billion as the third party without independent requirements, the correspondent of “Interfax” from the main court. Yevtushenkov, currently holds the post of first Vice-President, head of investment portfolio of the Corporation, filed a petition in Arbitration court of Bashkiria on June 27.

In his statement noted that the satisfaction of the plaintiffs actually will lead to the recognition that corporate decisions of bodies of management of Bashneft was unlawful, and that could affect the rights of individuals involved in decision-making. Evtushenkov Chairman of the Board of Directors of “Bashneft” and voted for the transaction for the reorganization of “Bashneft”.

The plaintiffs opposed the involvement Yevtushenkov consideration of the case. The representative of “Rosneft” the court noted that third parties, not declaring independent requirements, are allowed to process in case if the judicial act may influence their rights or obligations towards one of the parties. “Yevtushenkov has indicated that, in his opinion, the judicial act may affect his rights, as the former Chairman of the Board of Directors of “Bashneft”. However, the plaintiffs do not dispute any corporate decisions, including those adopted by the Board of Directors of “Bashneft”, chaired Yevtushenkov. The losses, according to the plaintiffs, to be repaid by former majority shareholders, directly took the decision on reorganization of the company,” he said.

The representative of “the System” noted that without a decision of the Board of Directors, the reorganization of “Bashneft” could take place, in his petition has substantive interest. “Felix Yevtushenkov was part of the governing body. If the court decides in favor of the plaintiffs, then the next action may be to the authorities”, – said the representative of the defendant.

As reported, on June 27 Bashkir arbitration was denied a similar petition to the senior Vice President – head of Finance and investment complex “System” Vsevolod Rozanov, who was also a member of the Board of Directors of “Bashneft”, and also voted for the transaction for the reorganization of “Bashneft”.

Currently in Ufa is held the next court session under the claim “Rosneft” to AFK “System” in the volume is 170.6 billion. Size requirements according to the plaintiff, determined by summing the number of damages caused by “Bashneft” as a result of actions AFK “System” in reorganization of oil companies in 2014, and also takes into account the depreciation of the ruble against the dollar over the years.

At the request of “Rosneft” in the framework of interim measures at the suit of the arrest of the belonging to the “System” and “System-invest” 31,76% in MTS , 100% of the group’s and 90,47% “BESK”. According to “Rosneft”, the value of assets seized amounted to 185 billion rubles, that is, with a margin of almost 15 billion rubles.