Further fortifying this stand, High Court Judge Sara Cockerill emphasized in January that the Parliament’s sanctions didn’t intend to shackle one’s right to approach the courts.
Mints, however, wasn’t without his battalion of legal defenses. His counsel passionately argued that the sanctions played spoilsport with their “fundamental” property rights, including scoring monetary verdicts. They also threw into the ring the notion that executing a judgment would violate U.K. sanctions stipulations.
Beyond the Sanctions, Into the Heart of the Matter
Drawing back the curtain on this drama, we’re transported to 2017. Boris Mints allegedly pilfered billions of rubles from Otkritie before its cataclysmic collapse. Fast forward, and this beleaguered bank’s tainted treasures found a new home with Russia’s “bad bank,” PJSC National Bank Trust.
With accusations flying thicker than a London fog, the crux is chillingly simple. Mints, in cahoots with his sons and former bank mavens, is accused of crafting a devious plot to pay off O1 Group’s debts. On the flip side, the Mints clan vehemently denies these charges. Instead, Boris Mints throws down the gauntlet with a countersuit to the tune of $950 million, claiming an “abusive campaign” by the banks aiming to strip them of their treasures.
Russian Banks $850M Fraud : Echoes from the Courtroom
A representative from NBT likened the saga to a “crude attempt by the Mints family to dodge English justice.”
