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Russia to have $97,000/day late fee on $1.3-bln debt to Oshchadbank
Journal Staff Report

KYIV, Nov 27 - The debt of the Russian Federation under the claim of Oschadbank (Kyiv) for compensation of losses in connection with investments lost in Crimea will grow by $97,000 daily, chairman of the bank Andriy Pyshny has said.

"Some $97,000 - exactly this amount from today will be charged daily under the decision of the International Court of Arbitration in Paris if the Russian Federation fails to fulfill its obligation to reimburse Oschadbank for almost $1.3 billion of losses caused by the annexation and occupation of the Autonomous Republic of Crimea," he wrote on his Facebook page.




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