WorldThe Hague arbitration awards PrivatBank $180.9 million over Crimea assets

The Permanent Court of Arbitration said a Hague tribunal awarded Ukraine’s PrivatBank nearly $180.9 million for allegedly expropriated assets in Crimea, with interest accruing from April 18, 2014. The award, excluding interest, is more than five times below the bank’s original claim of over $1 billion against Russia. Russia rejects the tribunal’s jurisdiction and may seek to set aside the award within three months of its dispatch.

PrivatBankHague arbitrationCrimea assetsRussia

TTASS★★★☆☆2026-10-06 14:58Original