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Naftogaz losses in "gas case" not proved - Tymoshenko's daughter

12:54 10/01/2012

KIEV, January 10 - RAPSI. Yevgenia, Yulia Tymoshenko's daughter, said that the court decision, which obligated the former prime minister to compensate Naftogaz of Ukraine for the losses it allegedly incurred, is unlawful and, therefore, impossible to execute, Tymoshenko's official website reads.

Kiev's Pechersky District Court sentenced Yulia Tymoshenko in October 2011 for seven years in prison and the payment of compensation worth 1.5 billion hryvnias (about $187 million) to Naftogaz of Ukraine for the damage allegedly incurred by the company as a result of the gas contracts signed by Ukraine and Russia in 2009, while Tymoshenko was still a prime minister.

Since December 30 Tymoshenko has been kept in Kharkov prison.

In December 2011, Igor Kost, former Naftogaz representative, said that the company never calculated the losses allegedly caused by the 2009 gas contracts with Russia.
According to him, the Prosecutor's Office proposed the company to claim damages.

The former plaintiff's representative in the "gas case" against Tymoshenko said the difference between the purchase and the sale price is deemed a loss.

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Naftogaz losses in "gas case" not proved - Tymoshenko's daughter

12:54 10/01/2012 Yevgenia, Yulia Tymoshenko's daughter, said that the court decision, which obligated the former prime minister to compensate Naftogaz of Ukraine for the losses it allegedly incurred, is unlawful and, therefore, impossible to execute.
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