You're reading: UNIAN: Kyiv’s court refuses to return Akhmetov’s Ukrtelecom to state ownership

Kyiv’s Economic Court has refused to satisfy the lawsuit lodged by the State Property Fund (SPF) against Ukrainian businessman Rinat Akhmetov’s ESU company for termination of the contract for the sale of a 92.79 percent stake in Ukraine’s telecoms giant Ukrtelecom and the recovery of $81.9 million in penalty for late payment of the investment obligation.

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