The VEB appealed to Ukraine to settle the situation with the arrest of the shares of its subsidiaries, has reported

© RIA Novosti / Vitaly to Belowaverage in photobacteria of Vnesheconombank of the Russian Federation. Archival photoThe VEB appealed to Ukraine to settle the situation with the arrest of the shares of its subsidiaries, has reported© RIA Novosti / Vitaly to Belowaverage the image Bank

The Bank has urged Ukraine to enter into negotiations to resolve the situation with the arrest of the shares owned Prominvestbank, wrote on Tuesday the newspaper «Kommersant» with reference to the letter of the state Corporation.

The VEB letter addressed to the President of Ukraine Petro Poroshenko, Prime Minister of the country Vladimir Groysman, foreign Minister Pavlo Klimkin, Minister of economic development and trade Stepan Kubiwa and the head of the National Bank of Ukraine Yakov Smoliy the. In a letter to a Corporation indicates that Ukraine violated the agreement made with Russia the agreement of 1998 on mutual protection of investments, and invites them to «immediately contact and engage in negotiations for amicable settlement of the dispute», the newspaper said.

Investment dispute under the agreement of 1998, in the opinion of the Bank, arose from the fact that Ukraine in 2014 «commits acts that are internationally wrongful in nature.» The Corporation mentions actions against branches and ATMs Prominvestbank. Shares, in the opinion of the Bank, was organized by the government and led to the «critical deterioration of the economic condition of the Bank,» the newspaper notes.

Sanctions of Ukraine against Russian state-owned banks led to the fact that Prominvestbank was cut off from the securities market was not able to transfer funds in favor of those associated with him. the Ukrainian state-owned enterprises from March 2017 was forbidden to place funds in the Bank. In addition, the largest debtor of the Bank «Ukrainian Railways», — received loans for $ 153 million, is in arrears for more than three years. As the founder of the borrower is the government of the Ukraine situation, in the opinion of the Bank, indicates that the state encourages non-payment of Bank loans, the newspaper said.

In addition, the Kyiv court of Appeals last week arrested shares in Prominvestbank on the claim of a number of enterprises businessman Igor Kolomoisky, in the framework of execution of the decision of the Hague arbitration court on collecting from Russia of compensation for property in the Crimea.

According to the newspaper, the letter VEB warns that violations of the 1998 agreement provides for liability in the form of compensation of costs and losses of investors as well as interest. Senior Vice President, head of legal Directorate of Vnesheconombank Igor Krasnov told the newspaper that the exact amount of compensation will be determined during negotiations with Ukraine. If the negotiations reach a deadlock, the VEB six months can apply to the Stockholm arbitration court, the newspaper notes.

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