Ukraine warned of BIT claim over bank takeover
Mikhail Fridman, co-founder of Alfa Group (Credit: Shutterstock)
UPDATED WITH COUNSEL: A Luxembourg company linked to Russian-Israeli billionaire Mikhail Fridman says it has notified Ukraine of a potential investment treaty claim over the “illegal expropriation” of one of the country’s biggest banks – while accusing the state of aggravating the dispute by bringing criminal charges against the businessman.
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