The Supreme Court of Madrid finally rejected the claim for a runaway former banker Sergei Pugachev to Russia about returning to him more than $ 14 billion, rejecting an appeal to the previous judgment. It is reported by RIA Novosti with reference to the Decision of the Spanish Court.
Banker filed to Russia in 2015. He, having French citizenship since 2009, argued that the Russian side had violated his rights by agreement between the USSR and France on the protection of capital investments. Pugachev presented Moscow claims billions of dollars. According to the results of the consideration of the objections of Moscow, the court rose on its side and rejected the requirements of Pugachev. In addition, Banker ordered to commemorate the Russian budget for the cost of a proceedings of 5.8 million dollars.
Pugachev challenged the court decision, but the Chamber of Civil and Criminal Affairs decided that the sentence does not provide for any appeal. “If there is a refusal, there will be the following appeal, the following instance. In short, the routine. The appellate instance did not consider our complaint, they simply wrote that they trusted the arbitrators that, in general, nonsense, but not surprise,” the banker RBC said.
Sergey Pugachev was a beneficiary of the interprombank broken in 2010. In 2015, Moscow arbitration recognized him and three more top managers of the Bank guilty of actions that led to the bankruptcy of the credit institution. For example, they were accused of issuing obviously non-returnable loans and the conclusion of liquid assets. Pugacheva, according to the deposit insurance agency, was obliged to pay 75.6 billion rubles. The banker tried to challenge decisions in several instances in Russia, including the Supreme Court, but attempts were not crowned with success.