The head of Bashkortostan considers justified, the seizure of assets of AFK «Sistema»

© RIA Novosti / Artem to Getinitiated in photobacteria of the Republic of Bashkortostan R. Khamitov. Archival photoThe head of Bashkortostan considers justified, the seizure of assets of AFK «Sistema»© RIA Novosti / Artem to Getinitiated the image Bank

The head of Bashkortostan Rustem Khamitov considers justified, the seizure of assets of AFK «System» in support of requirements under the claim of «Rosneft», «Bashneft» and the authorities of the Republic, because this avoids possible nonpayment by the Corporation if it loses the case.

«The decision of the courts, it was not an initiative of the Republic of Bashkortostan. But, in terms of interim measures, including reliability here this trial to avoid any difficulties, follow-up of non-payment if «Bashneft» and the Republic of Bashkortostan will win this process, it is quite justified», — he told in interview to TV channel «Russia 24».

AFK «System» on Monday announced the arrest of owned and JSC «Sistema-invest» 31,76% of MTS shares, 100% shares of JSC «Group of companies «Medsi» and 90,47% of shares of JSC «BESK». The arrest was effected on the basis of a judicial act of the Arbitration court of Bashkortostan in support of requirements under the claim of «Rosneft», «Bashneft» and the Republic of Bashkortostan submitted to AFK «Sistema» and JSC «Sistema-invest» in may of 2017.

AFK «System» till the end of 2014 owned controlling stake of «Bashneft». «Rosneft», «Bashneft» and Bashkiria in the court demanding to recover from the AFC and her «daughter» is 170.6 billion rubles in favor of «Bashneft». The plaintiffs believe that the damage occurred taking into account the weakening of the ruble «System» caused Bashneft’s reorganization. «The system» for its part, has repeatedly stated the groundlessness of the claims and willingness to defend its position in court.

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