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Tymoshenko appeals "state guarantees" case

16:17 14/11/2011

KIEV, November 14 - RAPSI. Former Ukrainian Prime Minister Yulia Tymoshenko appealed in a Kiev district court the Ukrainian Security Service's resolution to initiate a criminal case against Tymoshenko regarding United Energy Systems of Ukraine's debt to the Russian Defense Ministry, RIA Novosti reported on Monday.

On October 13, the Ukrainian Security Service initiated a criminal case against Tymoshenko.

Tymoshenko was accused of attempting to embezzle large amounts from Ukraine's state budget in collusion with former Prime Minister Pavel Lazarenko, while serving as the president and an owner of United Energy Systems of Ukraine.

The case concerns $405 million in debt that the company borrowed from the Russian Defense Ministry in 1996.

Tymoshenko's attorney said Ukraine gave no state guarantees regarding the obligations of the corporation headed by Tymoshenko.

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Tymoshenko appeals "state guarantees" case

16:17 14/11/2011 Former Ukrainian Prime Minister Yulia Tymoshenko appealed in a Kiev district court the Ukrainian Security Service's resolution to initiate a criminal case against Tymoshenko regarding United Energy Systems of Ukraine's debt to the Russian Defense Ministry.
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