Ukraine Crisis
The Ukrainian boss suing Russia for $20 billion
Ukraine’s richest man is planning to sue Russia for nearly 20 billion dollars for losses caused by the bombardment of steel plants in Mariupol.
The Illich Steel and Iron Works, also owned by Akhmetov, was also badly damaged during Russian shelling of Mariupol.
The Azovstal steelworks suffered heavy damage from Russian bombing and shelling after the sprawling plant became the last bastion of defence in the southern port city.
Now billionaire Rinat Akhmetov, who owns the biggest Ukrainian steelmaker Metinvest, is planning to sue the Kremlin.
“We will definitely sue Russia and demand proper compensation for all losses and lost business,” Rinat Akhmetov, who owns the biggest Ukrainian steelmaker Metinvest, told Ukrainian news portal mrpl.city.
“The replacement cost … due to Russian aggression is from $17 to $20 billion. The final amount will be determined in a lawsuit against Russia.”
Ukrainian billionaire Rinat Akhmetov
The final amount will be decided in the lawsuit.
The billionaire has already suffered years of losses due to Russia’s fighting in Ukraine’s east.