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Thursday, April 10, 2008

Akhmetov on Dniproenergo Divestment

After a public relations battle that spilled over onto the streets of Kyiv, the court has finally made a decision in a case that pitted Ukraine’s richest man against the Tymoshenko Cabinet.

Rinat Akhmetov: We respect the court’s decision. The court has made this decision. We have two options: We can challenge the court’s decision, and option two…uh…that is, if the board meeting was illegitimate, we still paid more than one billion hryvnias [$200 m] to the government, which means that the government owes us more than one billion hryvnias. So, the option we are going to elect, I believe we’ll make it public shortly.

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