In Paris began hearing the case against savings Bank of Russia for losses from the annexation of the Crimea

In Paris began hearing the case against Ukrainian savings Bank of Russia due to the total destruction of its investments in Crimea as a result of illegal actions of the Russian Federation.

About it reports a press-service of the savings Bank.

“Sberbank is working hard to form a strong position to fully present her case against the Russian Federation. In the case of more than 4 thousand pages, and the evidence base contains a full and reasoned confirmation of the legal position of the Bank. The claim of the Bank first claim on loss of assets in Crimea, which will be heard not only on the jurisdiction and on the merits and evaluation of losses”, – said the Chairman of the Board oschadbanka Andrew Lush.

It is noted that the claim amount includes both the cost of loss of assets, and the cost of loss of business, and is more than $ 1 billion.

Hearings shall be held in the premises of the International chamber of Commerce (ICC) in Paris, after their completion, it is expected that the Tribunal will proceed to consider and adopt solutions that will take time.

The report notes that representatives of the Russian Federation refused to participate in the hearings, although them informed.

See also:

The foreign Ministry believe that the claim of Ukraine against Russia would become an intellectual challenge for the UN

We will remind, on March 6 in the Hague international court of justice began to consider the claim of Ukraine against Russia. Ukraine accuses Russia of violating UN conventions on countering the financing of terrorism and the elimination of all forms of racial discrimination. Hearings at the Hague continued for four days.

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