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Court orders government to pay Russia for Tymoshenko company debt
Journal Staff Report

KIEV, Dec. 3 – Kiev Economic Court of Appeals has upheld a ruling by Kiev Economic Court obliging the Ukrainian government to pay over UAH 3.1 billion (about $390 million) of the debt of the UESU Corporation to the Russian Defense Ministry.

The Russian Defense Ministry filed at Kiev Economic Court a lawsuit against the Ukrainian government for the non-payment of UAH 3.239 billion under a criminal case on the activities of the UESU Corporation. The plaintiff also asked the court to summon the State Treasury Service of Ukraine as a third party on the side of the defendant in the case. The UESU is also a third party on the side of the defendant in the case.




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