02 июля 2014 14:42

BTA files motion to dismiss fraud lawsuit in US

©Yaroslav Radlovsky

Kazakhstan’s BTA Bank has filed a motion to dismiss the lawsuit filed by its creditors in the United States, Tengrinews reports citing the bank.

The bank confirmed that the lawsuit was indeed filed in August 2013. "However, the official presentation by the plaintiffs to the counselor with the consent of the court was made only in March 2014… On April 22, 2014 the consultants acting on behalf of the financial institution (BTA) filed a motion to dismiss the case," the bank said.

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