The court in Luhansk oblast has forbidden Ukraine to return $3 billion of "Yanukovych’s loan" to Russia 06/21/2017 17:46:54. Total views 1104. Views today — 0.

"Starobelsky District Court by its ruling has seized the right to claim under the 2013 contract, which formalized the $3 billion loan, and banned the Cabinet of Ministers of Ukraine, the Ministry of Finance of Ukraine, the National Bank of Ukraine, the State Treasury of Ukraine, other state authorities and their officials to take any action relating to the implementation of payments on public external loan to the Russian Federation", - the statement read.

As previously reported, in May the High Court of London postponed the decision on the case of further suspension of the enforcement of the court decision of March 29 in a lawsuit with Russia on eurobonds for $3 billion until the completion of consideration of the appeal.

On March 29, the High Court of London ordered Ukraine to pay off eurobonds for $3 billion dollars and pay interest. The court also allowed Ukraine to file an appeal and suspended its decision to pay Russia in debt.

In December 2013, Russian President Vladimir Putin and then-President of Ukraine Viktor Yanukovych agreed on a loan of $15 billion through the placement of Ukrainian securities. Bonds for $3 billion were placed on the Irish Stock Exchange on December 20, 2013 and were bought by Russia. In October 2015, after the negotiations, holders of 13 out of 14 issues of eurobonds of Ukraine for a total of $14.36 billion and 600 million euros agreed to their restructuring.

Ukraine did not receive an agreement from Russia on the restructuring of eurobonds for $3 billion.

In December 2015, the Cabinet of Ministers imposed a moratorium on the payment of $3 billion on eurobonds. In February 2016, Russia filed a lawsuit against Ukraine in the High Court of London to recover the debt. In May, Ukraine filed documents for its protection in the framework of this trial.