ABH Holdings S.A. (ABHH) banking group, whose main shareholder is sanctioned Russian oligarch Mikhail Fridman, filed an arbitration request and a $1 billion claim against Ukraine over the nationalization of Sense Bank, the company said in its press release on Jan. 4.
ABH Holdings S.A., a firm owned by Russian oligarch Mikhail Fridman, has filed a lawsuit against Ukraine, demanding compensation for what it perceives as the unlawful expropriation of Sense Bank (formerly Alfa Bank) through forced nationalization.
ABH Holdings S.A. (ABHH), a company belonging to Russian billionaire Mikhail Fridman which was the nominal owner of Sense Bank (formerly Alfa Bank Ukraine), has filed a claim against Ukraine seeking US$1 billion in compensation for the forced nationalisation of the financial institution.
ABH Holdings S.A., a firm owned by Russian oligarch Mikhail Fridman, has filed a lawsuit against Ukraine, demanding compensation for what it perceives as the unlawful expropriation of Sense Bank (formerly Alfa Bank) through forced nationalization.