Topline
Ukrainian billionaire Rinat Akhmetov is suing Russia for billions within the European Court docket of Human Rights, claiming that the Russian Federation has violated his property rights by way of the invasion of Ukraine.
Rinat Akhmetov at a coaching session of his soccer crew in Donetsk on February 12, 2013.
Key Information
Akhmetov is the founding father of System Capital Administration Group, which owns metal and grain amenities in Ukraine which were focused by Russian forces all through the invasion, together with the Azovstal metal advanced in Mariupol that served because the port metropolis’s final remaining protection earlier than troops surrendered final month.
Whereas the exact quantity of damages can’t be correctly assessed but with the battle in Ukraine nonetheless raging, in keeping with Akhmetov’s crew, they anticipate that he is due billions from Russia.
Together with the lawsuit, Akhmetov additionally requested for a courtroom order to forestall Russia from actions that will negatively have an effect on SCM’s grain and metal firms, saying that Russian looting of Ukraine’s export commodities has pushed up meals costs and resulted in “individuals dying of hunger worldwide.”
Essential Quote
“Evil can not go unpunished. Russia’s crimes towards Ukraine and our persons are egregious, and people responsible of them have to be held liable,” Akhmetov mentioned in an announcement. “I consider in justice, and I’m combating for it.”
Large Quantity
$4.6 billion. That’s how a lot Akhmetov is price, in keeping with Forbes’ estimates. The son of a coal miner, Akhmetov started snapping up mining belongings through the Nineties, when the trade was privatized. For the reason that invasion, Akhmetov has misplaced billions.
Key Background
Akhmetov first mentioned he would sue Russia for damages over misplaced SCM income in March, however mentioned on the time that he was centered on serving to Ukraine win the battle, saying his companies have supplied each materials and technical assist to the Ukrainian navy. Akhmetov has pledged to rebuild Mariupol and the remainder of Ukraine after the battle ends, telling Forbes in March that he would “spare no expense or effort to realize this objective.”
Additional Studying
Ukraine’s Richest Man Says He’s Doing All the pieces He Can To Assist His Nation, And Sparing No Expense (Forbes)
Ukrainian Billionaire Rinat Akhmetov Pledges To Rebuild Mariupol (Forbes)
