Ukraine awaits court decision on “duty of Yanukovych”

A London court will rule on the case of the so-called “duty of Yanukovych” in April 2017. This was stated by Finance Minister Alexander danyluk.

“Two weeks ago there were hearings in London. They passed three days, and now the judge prepares the decision. What will be this solution, nobody knows,” said danyluk, and added that, in his opinion, the court will side with Ukraine.

The Minister said that communication with the Russian side on this subject is no longer assumed.

“The rule of the London court. We are waiting for the decision. It may require time. For ourselves, we appreciated that it may be in April,” – said danyluk.

We will remind, Ukraine has received from Russia a loan of 3 billion dollars under President Viktor Yanukovych in December 2013, Russia was planning to give Ukraine $ 15 billion loan, however, before broke the key events of the revolution of dignity, to allocate only managed the first tranche.

Kiev insisted on the recognition of commercial debt with its subsequent restructuring and debt write-downs. In turn, Russia has refused the restructuring on the terms taken by private creditors of Ukraine, and demanded to recognize the government debt.

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