Details of multibillion-ruble claim of Rosneft to AFK Sistema disclosed

Details of multibillion-ruble claim of Rosneft to AFK Sistema disclosed

No one of the parties has yet given detailed official comments.⁠

The lawsuit filed by Rosneft and Bashneft against AFK Sistema for 106.6 billion rubles ($ 1.85bn) is an attempt to compensate 57.2 billion rubles ($993m) for the loss of Sistema-Invest shares and 36.9 billion rubles ($640m) for Bashneft's debt, and 12.5 billion rubles ($217m) of expenses incurred to purchase shares of the company from minority shareholders. This is reported by Interfax with reference to a source familiar with the lawsuit.

As the interlocutor of the agency said, Bashneft, being part of AFK Sistema, was illegally deprived of Sistema-Invest shares and indirect ownership of shares of several other key enterprises, including energy assets.

As the CrimeRussia wrote earlier, the lawsuit filed by Rosneft and its affiliated company Bashneft against AFK Sistema for 106.6 billion rubles is related to the actions of the former owner of the Bashkir company, which, according to Rosneft, led to depreciation of an asset.

Recall that the claim was registered by the Arbitrazh Court of Moscow on Tuesday, May 2.

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