: :inin Kyiv (EET)

Ukrainian Appeal Court rejects recovery of UAH 300 mln from Imexbank owner in favour of NBU

The Court of Appeal of Odesa region has overturned a decision of the Prymorskyi District Court of Odesa city, dated March 16, that ordered MP Leonid Klimov to pay UAH 309.851 million in favor of the National Bank of Ukraine (NBU), as a guarantor under the agreement on the provision of a stabilization loan to Imexbank, which is owned by the MP.

According to the document, the Court of Appeal rejected the earlier decision since the guarantee under the loan to Imexbank ceased to be in effect because the NBU`s appeal to court concerning this guarantee was on January 6, 2016, and not within six months from the date of starting the bank`s liquidation procedure (from May 27 to November 27, 2015), as provided for by applicable law.

According to the NBU, it has already filed a cassation complaint against the decision of the appeal court and refused to make any comment prior to the end of proceedings.

As UNIAN reported earlier, in March of this year, the NBU reported that the court had ordered the collection of an outstanding amount to the tune of UAH 309.851 million from MP Leonid Klimov under the loan agreement on granting a stabilization loan to Imexbank, in favor of NBU. In addition, court fee in the amount of UAH 4.6 million was to be paid.

Klimov is a deputy of Ukraine`s Verkhovna Rada from electoral district No. 137 (Odesa region) and is also a member of the parliamentary committee on finance and banking policy. The provisional administration was introduced in Imexbank on January 27, 2015, and the liquidation procedure was launched on May 2, 2015.

As reported by the NBU, the court seized Klimov`s house and an apartment in Odesa, his Mercedes cars and parking spaces. The court also ordered the seizure of shares in several companies, including football club Chornomorets.

According to the NBU, the stabilization loan agreement was concluded on November 28, 2014, according to which Klimov was a guarantor. However, it was reported that neither Klimov nor the borrower bank had fulfilled their obligations under the agreement.


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