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Kyiv economic court extends penalty to all property of Gazprom
Journal Staff Report

KYIV, Oct 19 – Kyiv's Economic Court has changed the way of enforcing a court decision to recover a fine of UAH 171 billion from Russia's Gazprom, extending penalties to all property of the debtor, Justice Minister Pavlo Petrenko has said.

"Kyiv's Economic Court granted the petition by the Antimonopoly Committee of Ukraine and the Enforcement Service of the Justice Ministry and changed the way of enforcing the court decision regarding the recovery of a UAH 171 billion fine from Gazprom. To put it simply, earlier it was possible to recover only Gazprom's funds placed in banks, but now the recovery is extended to all property of the debtor," he wrote on his Facebook page on Thursday.

He noted that in accordance with the procedures, the court decision should be made public in a few days.




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