Raiffeisen Bank Aval sues the National Bank Of Ukraine
The Kyiv District Administrative Court opened proceedings on the lawsuit filed by Raiffeisen Bank Aval against the National Bank of Ukraine (NBU) demanding cancellation of the 4.9 million UAH ($190,810.00) fine imposed on them, as stated in Decree No. 826/9684/17 dated August 4th, FinClub reports.
“Bank Aval PJSC appealed to the Kyiv District Administrative Court with an administrative claim against the National Bank of Ukraine requesting to recognize as unlawful and cancel the decision dated …
Ukraine withdraws from the agreement with Russia on joint export of military products
The Cabinet of Ministers of Ukraine on Wednesday adopted a resolution on the termination of the intergovernmental agreement with Russia to cooperate in the export of military products to third countries.
This document was adopted on March 24, 2004. Its purpose was to establish cooperation between the parties in the export of military products to third-world nations.
The agreement was applicable to the military products that have been jointly developed, produced or modernized after January 1, 1 …
7 officials detained in Ukraine over embezzlement of funds for construction of wall on Russian border
In Ukraine, seven people are suspected of embezzling 16.69 million hryvnia ($642,000) allocated for the European Wall Project on the country’s eastern border. The announcement was made to media on Wednesday by Nazar Kholodnytsky, the head of the Specialized Anti-Corruption Prosecutor's Office (SAP), 112.ua reports.
"Seven people consisting of Ukrainian State Border Guard Service officials and contractor’s representatives are being detained after searches related to the investigation of the …
Ukrainian MP: Russia is preparing to attack Ukraine in Odessa region
A member of the Verkhovna Rada Committee on National Security and Defense, Irina Friz, sent an appeal to the Secretary of the National Security and Defense Council, Oleksandr Turchinov, with proposals to minimize threats of Russian subversive activities against Ukraine from the self-declared Pridnestrovian Moldovian Republic (PMR), as she indicated on her Facebook page.
"We must pay attention to the appearance of materials that refer to plans for an offensive operation in the southern part of …
Latvia detects Russian warships and fighter jets near its borders
Several aircraft and ships of the Russian Armed Forces were seen near the borders of Latvia yesterday, August 9, the National Armed Forces of Latvia reported on Twitter.
NATO patrol aircraft discovered two Russian Su-27 fighter jets over the neutral waters of the Baltic Sea near the territorial waters of Latvia. An An-26 military transport aircraft was also detected.
On August 9, a Russian Buyan-M-class corvette was seen in the exclusive economic zone of Latvia at a distance of 4.5 nautical …