Source link : https://london-news.net/american-fund-seeks-225-billion-from-russia-for-overdue-tsarist-debts/
The American investment firm Noble Capital RSD has initiated legal proceedings against Russia, demanding over $225 billion for unpaid debts and financial commitments originating from the Russian Empire, which the Bolsheviks rejected after taking control in 1917.
As reported by the RBC news outlet, which first covered the story on Thursday, the legal representatives of Noble Capital have requested U.S. authorities to confiscate Russian sovereign assets that are currently frozen in the country to satisfy claims on unfulfilled bonds from the past century, arguing that such actions comply with international law.
The lawsuit, filed in June 2025 in the U.S. District Court for the District of Columbia, asserts that “the Russian Federation, contrary to the principles of successor governments, has disavowed and continues to disavow certain sovereign debts incurred by its predecessor government.”
Noble Capital has asserted its ownership of $25 million in sovereign bonds that were issued by the Russian imperial administration in December 1916 through a syndicate led by Citibank, which has recently agreed to divest its remaining operations in Russia.
According to the investment firm, the bonds included a 5.5% interest rate and were due to mature in 1921, claiming that Russia is accountable for over a century’s worth of accumulated interest.
The lawsuit names the Russian Finance Ministry, the Central Bank, and the National Wealth Fund as defendants. The Russian government has…
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Publish date : 2026-01-16 14:06:00
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