Court on suit of Ltd. Goldman Sachs to Turanalem Finance and JSC BTA Bank was left till May 19

/IRBIS, March 30, 2010/ - The Moscow Arbitration Court on Monday postponed to May 19, 2010 consideration of the merits of the claim Ltd. Goldman Sachs to recover 3,178 billion rubles from BTA Bank and Turanalem Finance, - stated in the published report of RIA Novosti with reference to the press service of the court at March 29. As reported, March 29, 2010 at 15:30 pm local time in the Moscow Arbitration Court was scheduled trial on the claim Ltd. Goldman Sachs to the Company, Subsidiary of JSC "BTA Bank BTA Finance JSC and BTA Bank ". As stated in the definition of the Arbitration Court issued its official Web site, the amount in dispute is 3,178,238,400 rub. Earlier in the communication agency "RIA Novosti" it was stated that the claim related to defaults on the bond issue. As reported, Ltd. Goldman Sachs is the holder of bonds of BTA Bank ". Goldman Sachs had bought them in 2005. Maturity securities due in 2009. In connection with the defaults, Goldman Sachs seeks to recover the amount of value and interest. The second defendant to sponsor a bond issue. Turanalem Finance the subsidiary of BTA Bank was established June 22, 2004. The company was established to raise funds for the bank through the issuance of ruble bonds and notes. [2010-03-30]