Russian bank clients refuse to repay loan, claiming USSR citizenship as a defense

Latest news

    View the original article: https://www.rt.com/business/409339-soviet-union-cizitens-bank-loan/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

    Two brothers living in Vladivostok in Russia’s Far East have refused to pay back a 1.5 million ruble ($25,000) loan to a local bank. They say they won’t pay the debt because they are Soviet citizens, not Russian.

    Read more

    Russia pays off balance of Soviet Union's foreign debt

    The men do not recognize the current constitutional and legal status of the Russian Federation and consider themselves to be citizens of the USSR. Along with the bank loan, the two have unpaid traffic fines.

    The brothers refused to pay off the debt during a visit to the bailiffs in Vladivostok. Demonstrating excellent knowledge Soviet and Russian legislation, the men said they would not obey the ‘illegitimate’ requirements of the court, as they are not Russian citizens. They allegedly threatened to murder the bailiff and her family, calling her a “foreign agent.”

    A few hours later they were detained by police and have been under arrest for seven days. Bailiffs have been granted permission by a court to seize two apartments as collateral on the debt.

    The Soviet Union officially ceased to exist in December 1991. Russia has taken the role as its successor, fully recognizing the Soviet heritage and debt. Russia inherited permanent membership in the UN Security Council after the collapse of the USSR. This year, Russia paid off the entire balance of the Soviet-era debt.

    In the same category are

    Rogue killers or state murder? Riyadh gets benefit of doubt from Trump where Russia doesn’t Washington has reacted with uncharacteristic calm following the disappearance of Saudi journalist Jamal Khashoggi. Instead of slapping Riyadh with san...
    Kentucky Governor catches heat for explosives-filled publicity stunt (VIDEO) Kentucky Governor Matt Bevin has filmed himself tossing a range of explosives, all a ham-fisted metaphor for ‘blowing up’ bad policy, in a video ad th...
    Are they covering tracks up? Twitter abuzz after footage of “cleaners” entering Saudi consulate A video of people with mops and buckets, entering the Saudi Arabia’s consulate in Istanbul hours before investigators of Jamal Khashoggi’s disappearan...
    CNN claims Saudi government to admit journalist killed in ‘interrogation gone wrong’ A report being prepared by the Saudi government will say that journalist Jamal Khashoggi died as a result of interrogation gone wrong, in course of hi...
    Russia hammering out secret plan to rid economy of US dollar The Russian government is working on the details of a de-dollarization plan announced earlier in October. The program’s key point is to make it more p...
    Trump, Netanyahu share ‘brotherhood’ in opposition to Palestinians as Israeli crackdown intensifies Israel has threatened to unleash a “powerful blow” against Gaza – but don’t expect criticism from Washington: Shared animosity towards the Palestinian...

    Leave a comment

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.