Date: 7 days ago   Category: Finance

Oschadbank amounted Russia $180 million a penalty on the case of compensation of losses — Rambler News Service


The Ukrainian Oschadbank amounted Russia $180 million a penalty according to the decision of the International arbitration on compensation of losses of bank of $1.3 billion because of loss of assets in the Crimea, the chairman of the board of credit institution Andrey Pyshny in an interview to the UNIAN agency reported. "As of now sum of the added percent makes about $180 million. Every day about $100 thousand are added to this sum" — Pyshny said. The chairman of the board of Oschadbank noted that Russia is obliged to execute the decision of the International arbitration immediately. Pyshny said that the management of bank intends to check seizure of property of Russia or its state companies including in other countries, and then to be engaged in its realization. According to him, the arbitration award can be executed in 154 jurisdictions. On November 26 the press service of Oschadbank reported that the International arbitration made the decision on collecting from Russia of $1.3 billion in favor of credit institution. In addition, Moscow has to pay the interest charged from the moment of decision until compensation.

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