The National Security and Defense Council (NSDC) of Ukraine has decided to forcibly withdraw the assets of the “daughters” of Russia’s Sberbank and “WEB.RF” (Prominvestbank) in Ukraine,
KYIV.UkraineGate , 12 , May , 2022 | War News .
Quote
The National Security and Defense Council of Ukraine has decided to forcibly confiscate the following property rights of Russia and its residents in Ukraine: 99.772644% of the property of PJSC “Joint-Stock Commercial Industrial and Investment Bank” (Prominvestbank) owned by the state development corporation “WEB.RF”; shares of JSC “International Reserve Bank” (formerly – Sberbank), owned by PJSC “Sberbank of Russia”, – said in the text of the document.
Details
Also, in accordance with the decision of the National Security and Defense Council of May 11, approved on the same day by Presidential Decree №326, financial assets in the form of debt claims VEB.RF to Prominvestbank (UAH 934.9 million), Sberbank of Russia to the International Reserve Bank on (14,889) billion), these two banks to legal entities.
According to the document, other financial assets of these two banks are seized, in addition to UAH 3 billion of the International Reserve Bank, which are used to satisfy the claims of the bank’s creditors.
According to the document, the Cabinet of Ministers and the Deposit Guarantee Fund with the participation of the NBU are given 10 days after the publication of the relevant Presidential decree to forcibly confiscate this property.
Addition
On May 11, President Volodymyr Zelensky introduced a decree to the Verkhovna Rada on the forcible seizure of property rights of Russia and its residents in Ukraine. The draft law on approval of the decree is registered under number 7371.
Source: Ukrgate
