By Eliza Popova
The Supreme Court of France granted the complaint of Savings Bank representatives to compensate for the losses caused by the financial institution during the occupation of Crimea. "Thirty thousand pages, which have the illegality of the expropriation of Savings Bank's investments in the Crimea," the Deputy Minister of Justice said. - 76 kg in six boxes. And each of the pages substantiates specific facts of violation of international law.
" Moreover, Russia will have to pay interest, which will be accrued until the Russian Federation pays. It's almost $ 100,000 daily. In November 2018, the arbitration tribunal in Paris made a decision in favor of Savings Bank, which demanded compensation for losses. The compensation was to be $ 1. 1 billion, to which interest was added. The total amount is 1. 3 billion.
The fact is that the investment protection agreement, referred to by representatives of Ukraine, has applied to investments from January 1, 1992. Oschadbank began to work in Crimea earlier, immediately after the collapse of the USSR. Savings Bank representatives appealed, believing that such a decision is not consistent with the precedent practice, which is based on the French justice system. Savings Bank canceled the cash withdrawal commission from other banks.
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