Dutch special purpose entity E.M.I.S. Finance has filed an arbitration claim against Ukraine seeking to recoup $400 million in lost investments due to the nationalization of Sense Bank, former Alfa-Bank Ukraine, Russian business newspaper Vedomosti reported.
Ukraine's government completed the nationalization of Sense Bank, the country's top commercial lender controlled by Russian billionaire Mikhail Fridman at the time, in July 2023, as part of the broader effort to diminish Russia's economic influence following Moscow's full-scale invasion in February 2022.
