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Bank of Russia working on return of reserves, readying several lawsuits

Deputy Chairman of the Bank of Russia Alexei Guznov promised to inform about the start of active processes

ST. PETERSBURG, May 11. /TASS/. The Bank of Russia is readying several lawsuits within the framework of return of international reserves, State Secretary - Deputy Governor of the Bank of Russia Alexey Guznov told reporters on Thursday.

"The issue is not about a lawsuit, but about lawsuits, considering the fact that those are different jurisdictions, and this point is indeed under exploration," he said.

"I think that when all necessary files are prepared, preparation work is done, it will be publicly announced that active processes have started," Guznov said on the sidelines of the St. Petersburg International Legal Forum.

St. Petersburg International Legal Forum is a major platform for dialogue among members of the legal, business, political and law-enforcement communities on a wide range of issues focusing on how law can better serve the interests of people and businesses, as well as improvements to law-enforcement practices, the promotion of legislative initiatives to strengthen the legal culture, and socioeconomic-related regulation in today’s world. The forum is held by the Ministry of Justice of the Russian Federation and the Roscongress Foundation, in accordance with Russian Presidential Decree, until May 13.

TASS is the forum’s general information partner.

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