Court decision on arrest of 'Yanukovych's loan' comes into force

Court decision on arrest of 'Yanukovych's loan' comes into forceThe decision of Kyiv's Holosiyivsky district court to arrest $3 billion of the loan to the Russian Federation taken in December 2013 when Viktor Yanukovych was Ukrainian president and to prohibit public agencies from making any payments under the loan has come into force, MP from Batkivschyna Party Andriy Senchenko has said.

According to a posting on the official website of the party, the court received official confirmations that Ukraine's Cabinet of Ministers, Finance Ministry, the State Treasury and the National Bank of Ukraine (NBU) received the court decision.

"$3 billion of the Russian credit was arrested by court thanks to the legal and organization support of Sila Prava team [Senchenko is chairman of the team] which has been helping people who are victims of the Russian aggression to protect their rights in courts," says the report.

Read also: Ukraine to prove in a court that "Yanukovych's debt" is a bribe

As reported, Kyiv's Holosiyivsky district court on May 30 banned law-enforcement agencies from paying $3 billion of the credit to the Russian Federation taken in December 2013.

Judge Mykola Shkyrai satisfied the application for securing the claim of a representative of Sila Prava and acting head of Luhansk Regional Administration in May through September 2014 Iryna Verhina against Russia. Verhina demanded compensation for her moral and material losses caused by Russia's military aggression against Ukraine and occupation of a part of the territory of Luhansk region by Russia.

"The court adjudicated arrest claims under the trust agreement signed on December 24, 2013 by Ukraine and he Law Debenture Trust Corporation Plc and bans persons from taking legal steps to change or terminate these claims, or to transferring them to other legal bodies," the court said.
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