Ukrainian billionaire Rinat Akhmetov said that he “initiated an arbitration procedure against Russia” and demands compensation for “confiscated assets” in the Donetsk and Luhansk regions, writes The Guardian.

The richest man in Ukraine, Rinat Akhmetov, is demanding compensation from Russia for all the damages caused to him between 2014 and 2017 as a result of confiscation of his assets, interference in his business and investments in the self-proclaimed Donetsk and Luhansk republics.

• “Russia must be punished for its crimes against Ukraine and Ukrainians, which have been taking place since 2014. Therefore, I am submitting a request for full compensation from the aggressor country for all the losses we have suffered since 2014 in the illegally occupied territories of Ukraine. Donetsk and Luhansk.
• Justice must be restored and the perpetrator must be held both financially and criminally responsible. I will invest the received compensation in the restoration and opening of new factories, creating jobs and promoting the growth of the Ukrainian economy,” Akhmetov said, according to a statement from one of his companies, System Capital Management.

In June 2022, Ukraine’s richest man filed a claim with the ECtHR against Russia in the amount of about 20 billion dollars caused by the bombing of metallurgical plants he owned in Mariupol, one of the Ukrainian cities devastated by the Russian army. Rinat Akhmetov, the owner of the Azovstal metallurgical plant in the city of Mariupol, where Ukrainian fighters withstood weeks of Russian shelling, has sued Russia for “serious violations of his property rights,” System Capital said in a press release from the company’s Management company. Akhmetov.

According to Bloomberg, Akhmetov’s fortune is estimated at $7.3 billion.

(Source: Dreamstime.com)