KYIV, June 23 (Reuters) - Ukrainian state-owned energy company Naftogaz said on Friday it had taken legal action in the United States against Russia to recover $5 billion awarded in the Hague as compensation for damages and lost property in Crimea.
It said it had filed a motion in the United States District Court for the District of Columbia, and that it had the right to do so as the U.S. is among countries hosting Russian assets.
Naftogaz said in April that an arbitration court in The Hague had ordered Russia to pay $5 billion in compensation for unlawfully expropriating the Ukrainian company's assets in Crimea.
"Since Russia has not voluntarily paid the funds to Naftogaz as provided for by the award, we intend to leverage all available mechanisms to recover these funds," Naftogaz CEO Oleksiy Chernyshov said.
Chernyshov said the company was working on this in the United States and other target jurisdictions.
Persons:
Naftogaz, Oleksiy Chernyshov, Chernyshov, Dmitry Peskov, Anna Pruchnicka, Tom Hogue, Timothy
Organizations:
United States, Court, District of Columbia, Timothy Heritage, Thomson
Locations:
Ukrainian, United States, Russia, Hague, Crimea, U.S, Ukraine, Western, Chornomornaftogaz, The Hague