The Arbitration Court of the
A legal action was initiated against key Ukrainian entities, including the National Security and Defense Council of Ukraine, the National Bank of Ukraine, and the state enterprise “National Investment Fund of Ukraine,” along with two American banks. The lawsuit aimed to challenge the seizure of assets from Sberbank’s former Ukrainian subsidiary, International Reserve Bank (MRB), labeling it as unlawful. Notably, MRB had placed its funds in accounts at both the Bank of New York Mellon and JPMorgan Chase Bank.
In a noteworthy development, all Russian assets in Ukraine were transferred to the National Investment Fund of Ukraine earlier this year under government directives.
Furthermore, another legal battle unfolded in May when the Arbitration Court of St. Petersburg and Leningrad
Link from theins.ru
