The Arbitration Court of Moscow region has arrested $ 372 million on the accounts of American banks Bank of New York Mellon and JPMorgan Chase Bank, opened in Russian banks. This is reported in the definition published by the court.
It is noted that the measures were taken in the case on the lawsuit of the Prosecutor General’s Office against the National Security and Defense Council of Ukraine, the National Bank of Ukraine, the state enterprise National Investment Fund of Ukraine, Bank of New York Mellon and JPMorgan Chase Bank.
The court ordered the arrest of about $121 million in JPMorgan Chase Bank’s accounts with J.P. Morgan Bank International, as well as about $250 million in Bank of New York Mellon’s accounts with Citibank.
“Having considered the plaintiff’s petition for interim measures and the submitted documents, the arbitration court concludes that it can be satisfied,” reads the ruling, quoted by ‘Lenta.ru’.
The Prosecutor General’s Office demanded that the defendants’ actions to seize the property of the International Reserve Bank (IRB) – a former Ukrainian subsidiary of Sberbank – be recognized as “violating the rights and legitimate interests of Russia” and that they be jointly charged about $372 million (more than 34.7 billion rubles at the current exchange rate). MRB’s money was in its correspondent accounts with Bank of New York Mellon and JPMorgan Chase Bank.