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Moscow's Arbitration Court Postpones Hearing Into Nairit Plant CJSC

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  • Moscow's Arbitration Court Postpones Hearing Into Nairit Plant CJSC

    MOSCOW'S ARBITRATION COURT POSTPONES HEARING INTO NAIRIT PLANT CJSC

    http://hetq.am/eng/news/24566/moscows-arbitration-court-postpones-hearing-into-nairit-plant-cjsc.html
    22:00, March 18, 2013

    The case pitting Interstate Bank against Nairit Plant CJSC got underway
    today at Moscow~Rs Court of Arbitration.

    Hetq has covered the story of how millions of dollars in loans from
    interstate to Nairit have literally disappeared, funneled off into
    a maze of offshore accounts and dummy corporations.

    Maksim Kulikov, representing Interstate, showed up at the court with
    three colleagues carrying bundles of documents as evidence.

    No one from Nairit ever appeared, although it did send its response
    to the suit filed by the bank.

    Interstate representatives motioned the court for more time to review
    the response, arguing that they had only received it that day.

    The court agreed and postponed the hearing until May 14.

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