Ukraine is preparing the final destruction of branches of Russian banks
The Supreme Court of Ukraine confirmed the decision on the possibility of arresting the assets of branches of Russian banks in order to compensate for the losses of Ukrainian companies from “losses in Crimea.”
The relevant information was published on the portal "Judicial Authority of Ukraine", reports a correspondent of "PolitNavigator".
The decision refers to the verdict of the Arbitration Court in The Hague, which found that the property of Ukrainian companies in Crimea was alienated illegally. The full text of the court decision will be published on February 1.
In July 2018, 18 legal entities and one individual of Ukraine appealed to the Ukrainian court demanding the arrest of shares of the subsidiaries of Sberbank and VTB in Ukraine.
As you know, in Crimea in 2014, the property of some Ukrainian oligarchs who took part in the suppression of the Russian Spring was nationalized. Among them were the factories of Petro Poroshenko, hotels and gas stations of Igor Kolomoisky, etc.
It should also be recalled that neither VTB, nor Sberbank, nor other large Russian financial institutions, whose subsidiaries worked in Ukraine and, in fact, supported the nationalist regime, have so far refused to open their representative offices in the Russian Crimea for fear of falling under Western sanctions .
Ukraine is preparing a final crackdown on Russian bank branches.