‘Loyal Capital Group’ and Roman Pipia Dispute Russian 'System'

The Lawyers of Loyal Capital Group (LCG) have released a statement regarding the ongoing processes surrounding the Roman Pipia company ‘Loyal Capital’ and the Russian ‘system   

The statement reads: “The dispute between the companies is on-going; as in the case of information and facts not being known, we would consider the conclusions about the processes to be unlawful. 

Loyal Capital has strong evidence of the misconduct of both EWUB and Sistema and that the deal with EBRD was willingly sabotaged by EWUB and Sistema in the interest of Sistema. 

Loyal has evidence that EWUB has violated the banking secrecy laws in Luxembourg and has had other misbehaved is other ways also, thus violating numerous other rules imposed on banks by the Luxembourg regulator.

Loyal Capital is therefore very confident the appeal proceedings will have a positive result and that they will be able to dismiss the claim of EWUB and win its counterclaim. 

The criminal implications of these facts are also analyzed.

It is on the specific request of the lawyers that “Loyal Capital” has not communicated with the press.

Lionel Spet and Lydie Lorang