Oschadbank demands Firtash repay over $100 million

by Editor • 30.03.2016 • 0 Comments

Firtash

Dmitry Firtash

The Donetsk Regional Commercial Court has accepted Oschadbank's claims for the collection of overdue loan debt and loan payments from Dmitry Firtash's Stirol concern, according to Ukrayinska Pravda.

The claim concerns $104 million and 3 million hryvnia. The lawsuit itself was filed in December of last year, at which time the total debt was approximately $7 million. In March of this year, Oschadbank announced an increase in the debt, as the period within which it was supposed to be repaid had expired. The total amount is $103,879 million, of which $95,8 million is overdue loan debt, and $8,1 million is interest.

The above-mentioned 3 million hryvnias (or more precisely, 2,96 million) “accrued” for failure to fulfill obligations under the “dollar” loan agreement.

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