As noted, the assets were sold for 268709960.78 hryvnia ($ 10.8 million), despite the decision of the Stockholm arbitration, while there is no information about the buyer.
The company believes that Kiev has committed “illegal expropriation of Russian investor’s investments” and demonstrated “why it is impossible to invest in a country where there is no independent court, respect and protection of property rights”.
“We will make all legal efforts to compensate for our losses due to the assets of Ukraine in foreign jurisdictions,” said Igor Krasnov, senior vice president of the bank’s legal unit.
Earlier, the Stockholm Arbitration Institute confirmed the ban on the sale of Prominvestbank.
VEB acquired Prominvestbank shares in 2008 and invested more than $ 2.7 billion in it. In June 2019, he filed a lawsuit against Ukraine in connection with indirect expropriation.