Ukraine's Antimonopoly Committee wins ruling to enforce $6.6 bln fine against Gazprom
KYIV. Dec 5 (Interfax) - Kyiv Economic Court has ruled in favor of a lawsuit filed by Ukraine's Antimonopoly Committee (AMKU) seeking enforcement of a fine against Gazprom totaling 172 billion hryvni (about $6.64 billion at the current exchange rate), an Interfax correspondent reported from the court.
The ruling was made at a closed court session in Kyiv on Monday.
"The court upheld our demands in full," an AMKU representative said after the ruling was announced.
The fine itself represents half the total, while penalties for nonpayment make up the other half.
On September 13, the judicial panel of the Ukrainian Supreme Court's appellate chamber for economic cases rejected Gazprom's appeal against a Supreme Economic Court ruling upholding lower court decisions ordering Gazprom to pay the AMKU fine totaling 85.966 billion hryvni.
The official exchange rate on December 5 was 25.9 hryvni/$1.