Crt dismisses Defense MinistryТs 49.7 bln rbl appeal against UAC - Engineering & Hi-Tech - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Crt dismisses Defense MinistryТs 49.7 bln rbl appeal against UAC

MOSCOW, Sep 7 (PRIME) -- The Moscow District Arbitration Court has upheld the decision of a lower court to recover 20 million rubles from the United Aircraft Corporation on the Defense MinistryТs 49.7 billion ruble suit, PRIME learned from the courtТs materials on Tuesday.

The court dismissed the ministryТs appeal on Tuesday.

A source familiar with the situation told PRIME that the recovery sum was originally set at 150 million rubles and later changed to 20 million by the court of appeals.

The Ministry of Defense demanded that the defendant pay a penalty for violating the deadline for work under a 2013 state contract for servicing and repairing aircraft for the Navy and the Air Force. This is the largest lawsuit ever brought by the Defense Ministry in a Russian court.

(72.9538 rubles Ц U.S. $1)

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07.09.2021 16:45
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