Seven parties to participate in Syrian talksWorld January 22, 9:54
Russia’s Pavlyuchenkova reaches Australian Open quarterfinalsSport January 22, 7:19
IBU Executive Board finds no grouns to suspend Russia's biathlon teamSport January 21, 22:53
Russia terrified watching monuments destroyed in Palmyra — culture ministerRussian Politics & Diplomacy January 21, 17:08
Russian bombers deliver successfully strikes on terrorists' facilities in SyriaWorld January 21, 15:39
Denmark uses Russian data in its application for expanding shelf — ministerBusiness & Economy January 21, 15:15
Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
THE HAGUE, September 22. /TASS/. The Permanent Court of Arbitration (PCA) in The Hague does not disclose information on a lawsuit by a former Russian senator and ex-CEO of Mezhprombank, Sergey Pugachev, against Russia.
"If there’s no information on the website, it means the case does relate to the PCA or the data are not subject to disclosure," a PCA spokesman told a TASS correspondent Tuesday. He said if the PCA gets the permission to disclose information, "usually it appears on the website very fast."
Earlier Tuesday, Pugachev’s lawyers said in Paris that the businessman plans to make Russia compensate $12 billion via the international arbitration court. They said a relevant notification "has already been sent to the Russian authorities."
The statement by Pugachev, read out by the lawyers, says the entrepreneur "was illegally deprived of property and mining assets without compensation."
On Monday, Reuters reported that Pugachev’s defense chose the PCA in The Hague as the place for consideration of Pugachev’s lawsuit.
The former Mezhprombank CEO, who has fled to the UK and later to France, is accused of misappropriation or large-scale embezzlement and also abuse of office.
Russia’s investigators say in 2009 the bank issued some 120 non-recoverable loans worth 64 billion rubles (around $1 billion at current exchange rate) to economic entities under Pugachev’s control.
The investigators suspect that Pugachev also embezzled 28 billion rubles ($422 million at current exchange rate) of unsecured loans issued by the Bank of Russia.
In January, Russia’s Prosecutor General’s Office requested Pugachev’s extradition from the UK. A short while later the former banker left the UK in violation of the High Court’s resolution.