Source: https://bloger.net.ua/day-6/
Timestamp: 2017-11-24 10:55:52
Document Index: 693729258

Matched Legal Cases: ['art\n2', 'art\n24', 'art\n14', 'art\n18', 'arty29', 'arts23']

Day 6 — Блог компании Кофранс
05.05.2016 от admin
Bank St Petersburg v Vitaly Arkhangelsky [Master]
Bank St Petersburg v Vitaly	Day 6
Arkhangelsky [Master]
1 :1	Thursday, 4 February 2016
2	(11.00 am)
4	MR JUSTICE HILDYARD: Yes, good morning.
5	MR LORD: Good morning, your Lordship.
6	MR JUSTICE HILDYARD: Good morning, Mr and Mrs Arkhangelsky.
7	MR ARKHANGELSKY: Good morning.
8	MR LORD: Your Lordship knows that this is the hearing
9	scheduled from yesterday to deal with a number of
10	matters outside the reception of the witness evidence,
11	and we filed an aide-memoire, which I trust
12	your Lordship has, to serve as something of an agenda
13	for today.
14	MR JUSTICE HILDYARD: Yes.
15	MR LORD: Your Lordship should also have received a bundle
16	of papers relating to previous rulings on freezing
17	injunctions and a life policy surrender, which may or
18	may not need to be — which bundle may be studied today.
19	Your Lordship, I think, invited us to try to collate the
20	relevant documents that might pertain to that particular
21	inquiry, or line of inquiry.
22	MR JUSTICE HILDYARD: I flicked through my own judgment of
23	5 March and I had a quick look at the freezing order,
24	but beyond that, I haven’t really read these documents.
25	MR LORD: I am not sure your Lordship needs to. Just, if
2 :1	I could — I know it is probably going out of sequence,
2	but to just sort of cut to the chase a bit, there was
3	an issue about the surrender, I think of a Barclays life
4	policy.
5	MR JUSTICE HILDYARD: Yes.
6	MR LORD: Not a Société Générale life policy, with which
7	I think we are now concerned. Your Lordship seems to
8	have ruled — it is behind divider 7, I think it is
9	probably only a couple of paragraphs —
10	MR JUSTICE HILDYARD: I mean, there was an issue as to
11	whether this was being used in preference to other
12	assets and I ruled that there wasn’t enough evidence to
13	suggest it was, and I ruled it probably wasn’t available
14	in any event by way of enforcement in France.
15	MR LORD: I think also perhaps relevantly, there was
16	a question of whether the surrender of the life policy
17	was a breach of the freezing injunction as opposed to
18	any potential deployment of the proceeds thereby
19	generated, and your Lordship, I think, held that you
20	didn’t need to decide that question.
21	MR JUSTICE HILDYARD: No. That was the third matter.
22	I think that was right at the end.
23	MR LORD: It is in paragraph 43, my Lord.
24	I only go to that, my Lord, just to set the scene
25	a bit in terms of what may look a slightly more
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3 :1	formidable bundle of paper than perhaps is actually
2	going to be necessary for today.
3	Your Lordship should also have had an affidavit from
4	Mr and Mrs Arkhangelsky’s French lawyer —
6	MR LORD: — ms Bidault, and certain points obviously arise.
7	I don’t know how your Lordship wishes to proceed. Would
8	it help if I very briefly set out what our position is
9	on this?
10	MR JUSTICE HILDYARD: Yes. Mr and Mrs Arkhangelsky,
11	I received, as I walked down the stairs, an e-mail from
12	Mr Arkhangelsky expressing concern about the sound
13	quality and the delay, and asking, as I understand it,
14	for headphones to be provided by way of ameliorating at
15	least the first of those concerns. Can you hear all
16	right, each of you?
17	MR ARKHANGELSKY: Yes, I can hear you perfectly today.
18	MR JUSTICE HILDYARD: That’s good.
19	MR ARKHANGELSKY: And my wife, I assume, requires
20	translation.
21	MR JUSTICE HILDYARD: I assume you have notified that you
22	wish to hear the feed in Russian; is that right?
23	MR ARKHANGELSKY: Should I translate to her, or …?
24	MR JUSTICE HILDYARD: It is not possible for you each to
25	have a different language, but you are able to, as
4 :1	I understand it, tell us whether you want the feed in
2	English or whether you wish to hear the feed in Russian.
3	In any event, the real time written version will be in
4	English.
5	MR ARKHANGELSKY: I would probably suggest to do it in
6	Russian and then my wife can at least follow what is
7	going on.
8	MR JUSTICE HILDYARD: How difficult is that, Mr Lord? Would
9	you like your technical guru to explain?
10	MR LORD: My Lord, I had better defer, I think.
11	MR BIRT: Well, in the absence of him I will try again. The
12	position is as was explained yesterday to your Lordship.
13	I think we were not waiting for your Lordship but the
14	idea of the mobile phone link was subject to
15	your Lordship having a think about whether you were
16	comfortable with the proceedings being sent down
17	a mobile phone. In terms of the whole thing being in
18	Russian, that can be done, I think, at the flick of
19	a switch, or something approximate to it. I just note
20	that the consequence of the feed being completely in
21	Russian is likely to be that when Mr Arkhangelsky is
22	speaking English, he will be hearing the Russian back as
23	he is talking, because it will be giving the Russian
24	feed from the court.
25	So that can be done at the flick of a switch. The
5 :1	second alternative as outlined to your Lordship
2	yesterday is the mobile phone link, which I think
3	your Lordship was slightly thinking — so the
4	consequence would be of having it all in Russian for
5	them, that Mr Arkhangelsky either has to bear with the
6	TV speaking to him in Russian while he is speaking in
7	English, or Mrs Arkhangelskaya not being able to have
8	Mr Arkhangelsky in translation.
9	MR JUSTICE HILDYARD: Yes. Well, I haven’t reached a view
10	on the mobile yet because I want to try and measure
11	whether it is really necessary, according to what you
12	envisage will be the likely future attendance of
13	Mrs Arkhangelskaya, which is really the only point in
14	having it. So that’s the first thing.
15	The second thing is I leave it to you as to which of
16	the two options which have been outlined you would
17	presently prefer for the purposes of today. The only
18	point I would make is, although I’m happy to see
19	Mrs Arkhangelskaya, I wonder whether the nature of
20	the application is such that it might be better to have
21	the feed in English. But, as I say, that is ultimately
22	a matter for your preference.
23	MR ARKHANGELSKY: I would suggest probably, my Lord,
24	language Russian and then, to avoid difficulty for me,
25	I would speak in Russian also, so then it could be
6 :1	comfortable for everybody.
2	MR JUSTICE HILDYARD: Very well then. We will be the people
3	with the headphones, and that is perfectly fine, though
4	the relevant direction has to be given for the switch to
5	be flicked.
6	MR BIRT: Well, I hope that now Mr and Mrs Arkhangelsky are
7	hearing us in Russian, my Lord.
8	MR JUSTICE HILDYARD: Yes, can you confirm that the feed is
9	coming through to you in Russian?
10	MRS ARKHANGELSKAYA: I can hear very well.
11	MR ARKHANGELSKY: Thank you very much.
12	MR JUSTICE HILDYARD: Mr and Mrs Arkhangelsky, I will invite
13	Mr Lord, given that you have set out the circumstances
14	in which you seek urgently some clarification of
15	the order in order to enable Société Générale to assist
16	you, I will invite Mr Lord, partly because he is in
17	front of me, and partly because it is his opposition,
18	really, to explain the basis on which he opposes, and
19	I will then invite you to attack what he says in
20	a measured way.
21	MR LORD: Just for completeness, so your Lordship has the
22	papers for today before we start, there is an e-mail
23	from Mr Stroilov which relates to the aide-memoire.
24	MR JUSTICE HILDYARD: Yes.
25	MR LORD: I don’t think he makes any point on the first
7 :1	item, with which we are currently engaged.
2	MR JUSTICE HILDYARD: No.
3	MR LORD: But for completeness I wanted to draw that to
4	your Lordship’s attention.
5	The other documents are some articles which were
6	posted yesterday, I think on the Co France website,
7	which I will, I think potentially have to come to, but
8	I think it is worth your Lordship noting that there is
9	further promulgation of what — the business happening
10	in court on the Co France website, and it is worth
11	noting that the footer to this internet site seems to
12	make a reference to Pavel-Stroilov, and the final
13	contact, Natalya Khmelik, we understand to be
14	Mr Stroilov’s mother.
15	So in terms of the questions of communication and
16	the closeness of all that in this case, and any points
17	about breakdowns in communication, it is, with respect,
18	relevant for your Lordship to see that certainly on the
19	face of yesterday’s posting, Mr Stroilov and his mother
20	seem to be performing some sort of ongoing role at
21	Co France, supporting these defendants’ PR endeavours.
22	If I could go, please, to the first. Can
23	your Lordship see the footer, that has
24	«Soviet.co-pavel/stroilov». Then at the end:
25	«Press service organised for the lighting of
8 :1	the trial, contact Natalya Khmelik.»
2	MR JUSTICE HILDYARD: Yes.
3	MR LORD: My Lord, on the first point, the question of
4	the life insurance policy, your Lordship will have in
5	mind the freezing injunction, and I am sure
6	your Lordship has seen that, which was made — which
7	prohibits the respondents from spending — sorry, does
8	not prevent — there is a freezing injunction and there
9	is an exception for spending £2,000 a week on living
10	expenses and also a reasonable sum on legal advice and
11	representation, but before spending any money, the
12	respondent must tell the applicant’s legal
13	representatives where the money is to come from.
14	MR JUSTICE HILDYARD: That applies to both limbs, does it?
15	MR LORD: It isn’t actually clear, my Lord, I think it is
16	right to say. I think your Lordship rightly observes it
17	is not clear. I must say, I had construed it as
18	applying to the second limb, I have to say that’s how
19	I had read it as —
20	MR JUSTICE HILDYARD: The reasonable sum, in other words?
21	MR LORD: Yes, and I had construed the notification point,
22	certainly to apply to the, if you like, uncapped legal
23	advice spend rather than —
24	MR JUSTICE HILDYARD: Yes, that’s what it would usually be.
25	MR LORD: That’s how I read it. I hadn’t read it that they
9 :1	would have to notify living expenses. I mean, I may be
2	wrong about that.
3	Obviously I took your Lordship to your Lordship’s
4	ruling on the life policy surrender, the Barclays one.
5	We have the affidavit this morning from
6	Mr Arkhangelsky’s French lawyer. I wonder if I could
7	just take your Lordship through it and highlight one or
8	two points, but before I do that, can I just, if you
9	like, cut to the chase and say what my position is at
10	the moment?
11	MR JUSTICE HILDYARD: Yes.
12	MR LORD: There are a host of concerns which spring from
13	recent events, from the events of the last day, and from
14	this affidavit by a French lawyer on behalf of
15	the Arkhangelskys. In my submission it is unlikely that
16	the court is going to be able to, satisfactorily and
17	fairly to all parties, resolve those queries today.
18	They are serious enough, or certainly potentially
19	serious enough, to be properly and thoroughly
20	investigated before any further steps or directions or
21	rulings are forthcoming and, therefore, it may be
22	appropriate to consider giving various directions so
23	that this matter can be swiftly resolved but thoroughly
24	resolved and not when my clients have had very little
25	time to absorb this.
10 :1	The second aspect is the urgency feature, which is
2	to make sure that money is available to ensure that what
3	needs to be done in this litigation can be done so the
4	trial maintains its current excellent progress. Those
5	are two different aspects.
6	It would certainly be my position that those two can
7	be reconciled and that the court can certainly today
8	make various directions, or make various orders by
9	consent in order to be able to release certain monies,
10	to ensure that various expenses are defrayed, and then,
11	if you like, circle back to deal at a later date with
12	the points that arise, such as the question of
13	the assets that the respondents have, the question of —
14	and, consequent upon that, issues to do with the
15	freezing injunction.
16	My Lord, there are obvious questions here. There
17	appear to be some quite significant assets available
18	which, on the face of it, could be used, for example, to
19	pay for Mr Steadman, just to take a very simple example,
20	and an awful lot has been made of the fairness of this
21	trial, and Article 6 has been regularly threatened here
22	and if, in fact, there is the sort of money available
23	that this affidavit appears, I think, to reveal, then
24	I think the court really does need, in fairness, to get
25	to the bottom of that.
11 :1	There are issues about the freezing injunction, and
2	I can develop our concerns, my Lord, I’m very happy to
3	do that, and I will do that, but I want, if you like, to
4	show your Lordship the bottom line here because I don’t
5	want to waste time with your Lordship if your Lordship
6	thinks that would be the right approach.
7	I am very happy to explain what our concerns are
8	arising from this affidavit, and then, if you like, to
9	deal with a possible solution, a sort of pro tem
10	solution to make sure that we keep the show on the road,
11	as it were; does that make sense, my Lord?
12	MR JUSTICE HILDYARD: That does make sense.
13	I mean, I have only grappled with this very shortly,
14	because I had an earlier meeting, however, Mr and
15	Mrs Arkhangelsky, my understanding is, and certainly
16	this is what is submitted to me by Mr Lord, that this
17	life policy with Société Générale in the amount of just
18	over €366,000 is a different policy than the policy
19	which I addressed in March 2014, which I understand to
20	have been issued through Barclays. That’s the first
21	point. Am I right in thinking that?
22	MR ARKHANGELSKY: Yes, you are absolutely correct, my Lord.
23	The money we have received from the Barclay’s policy
24	were spent by us on our living expenses in accordance to
25	your freezing order.
12 :1	MR JUSTICE HILDYARD: Yes. This second policy, was it in
2	existence in March 2014?
3	MR ARKHANGELSKY: Yes, certainly, it was in existence, and
4	in our affidavit of disclosure with regard to
5	the freezing order, this information is contained in
6	Mrs Arkhangelskaya’s affidavit.
7	MR JUSTICE HILDYARD: This, I understand from the affidavit
8	that you provided — and thank you, and I am sorry that
9	it rather blighted your evening and night — is one of
10	the three life policies disclosed in 2012; is that
11	right?
12	MR ARKHANGELSKY: Yes, absolutely correct.
13	MR JUSTICE HILDYARD: And you say that these life policies,
14	including this one, were funded out of monies which you
15	had in France as the most tax-efficient saving vehicle;
16	is that right?
17	MR ARKHANGELSKY: This is absolutely right.
18	MR JUSTICE HILDYARD: And have the monies, or any of
19	the monies, from the Société Générale policy previously
20	been remitted without difficulty through your accounts
21	at Société Générale?
22	MRS ARKHANGELSKAYA: No, this is not the case.
23	MR ARKHANGELSKY: Since the policy formally belongs to my
24	spouse and she communicates with the banks and with all
25	the matters, I would like her to comment upon this
13 :1	matter.
2	MRS ARKHANGELSKAYA: The largest policy is the policy that
3	we are discussing here today, the Société Générale, in
4	France, policy. Up to this day we did not draw money
5	from there. We had the money which we have disclosed in
6	2012 to the court, the money in our current account, and
7	as of today all that money has been spent, in
8	accordance — within the extent permitted by the court.
9	Therefore we ask my Lordship to give us the
10	opportunity, also within your court order, for us to use
11	€75,000 for our living expenses that are clearly stated
12	by ourselves and described in today’s document sent to
13	the court by Nadejda Bidault, our lawyer. I can
14	reiterate these expenses, exactly what we are asking to
15	spend 75,000 for. It will only be spent in accordance
16	to what was told us, so €2,000 per week. The first most
17	important expense is our apartment. As I have mentioned
18	in our affidavit twice, we live in an apartment that is
19	quite expensive for our today’s income, however, we
20	cannot sell it and buy a cheaper apartment because we
21	have the freezing order. However, we are obligated to
22	pay to the French State the tax on this apartment and
23	the rent for the apartment, and that amount is €25,000
24	per year. That is the first point.
25	Secondly, what we need the money for out of the
14 :1	€75,000, this is our trip to Paris in order to take part
2	in the court hearing for myself, my husband and four
3	witnesses: Grigory Pasko, Mikhail Nazarov, Ludmilla
4	Simonova, François Ameli, and Sergei Guriev. These
5	expenses would be around 17,000, and in today’s
6	documents we have disclosed this amount of 17,000 in
7	a bit more detail — sorry, 15,000, including the cost
8	of visas, air tickets, minimum living expenses and
9	transport expenses, something very modest, very little.
10	MR ARKHANGELSKY: And I would like to draw the court’s
11	attention — my Lord’s attention to the printout of
12	expenses that we have sent. We have not received any
13	reply and we are completely at a loss whether we can
14	spend this money to organise the witnesses’ visit.
15	MRS ARKHANGELSKAYA: And also a small but important expense
16	for our family that has to be done within this amount of
17	money because now we have no opportunity to work,
18	because my husband is taking part in the court hearing
19	and I am involved with the children more, our office of
20	Co France is closed and, therefore, we have to pay the
21	minimum lease payment for the office, and mandatory tax
22	to the French State. That’s about 4,000 per month for
23	the next four months.
24	MR ARKHANGELSKY: I also would like to draw your attention,
25	my Lord, because we are taking part in the proceedings
15 :1	currently, currently our business is completely
2	undermined. We lost all the clients we had and the
3	chances to reinstate it within the next several years
4	are very slim. Therefore, I would like to come back to
5	the very strange commentary of Mr Lord, in my opinion,
6	that we have excessive means for living, and this life
7	insurance policy, from the very start, from the moment
8	of its acquisition in France and receiving the money in
9	France was considered by us as a pension fund, for my
10	wife and for our children.
11	You know that there were several attempts on behalf
12	of the Bank and personally Mr Savelyev, there were
13	several threats against me and there was an attempt on
14	my life quite recently, so this money is only the
15	opportunity for my family, with regard to myself, to
16	survive a year or two in the form that we are currently
17	living in. And, as of today, I calculate my risk and
18	risk to my life and health as maximum. The current
19	London Litvinenko court hearing single-handedly
20	elucidated how risky my position is. I would like you
21	to consider that as well because this is extremely
22	important for myself and my family taking part in this
23	hearing against the monsters that are prepared not to
24	stop at anything in order to punish me.
25	MRS ARKHANGELSKAYA: I would ask your Lordship to understand
16 :1	the position that we find ourselves in. We are not
2	fabulously rich, as Mr Lord has just mentioned: the
3	75,000 is a lot of money for us. All the expenses, all
4	the breakdown of expenses have been provided and the
5	main expense will be our trip to Paris because my
6	husband and myself will have to incur certain costs.
7	They may not be extremely high but, nevertheless, we
8	have provided your Lordship with a breakdown of
9	the 75,000 for the next several months, and we would be
10	extremely grateful if your Lordship grant us that
11	possibility.
12	Should your Lordship require us to provide
13	a detailed breakdown, down to the last penny, we are
14	happy to provide that, but we will never be spending
15	more than the limit set by your Lordship, and that is
16	£2,000 per week.
17	MR JUSTICE HILDYARD: Can I just clarify one thing which
18	I am sure I should know, but has the Société Générale
19	life policy already been realised? Is the 366,000 the
20	net proceeds after realising its value?
21	MRS ARKHANGELSKAYA: No, my Lord, we would need to pay the
22	French tax.
23	MR ARKHANGELSKY: We are looking at about €40,000.
24	MR JUSTICE HILDYARD: Of tax? So it will be net, about
25	€325,000, will it?
17 :1	MR ARKHANGELSKY: Approximately, yes, my Lord.
2	MR JUSTICE HILDYARD: But just for clarity, you have sent
3	the instructions, and they have been fulfilled, for the
4	realisation of the life policy and its conversion into
5	cash; is that right?
6	MR ARKHANGELSKY: No, my Lord. My wife — on 12 January, my
7	wife went to the bank office as Ms Bidault has
8	mentioned, and she draw up an instruction to realise out
9	of the total amount of the policy, the realisation of
10	75,000, not to realise it completely, but only to draw
11	down 75,000 out of the total amount of the policy, and
12	that amount, after the realisation by Société Générale,
13	the understanding was that it would be transferred to my
14	wife’s checking account with Société Générale.
15	MRS ARKHANGELSKAYA: But at this point in time it is not
16	possible because, as I was explained in the bank, we
17	cannot dispose of the €366,000, ie the life insurance
18	policy, because this amount has been totally, fully
19	blocked on the basis of the English court’s order.
20	MR ARKHANGELSKY: Also, as of 12 January, no one told us
21	that that amount had been blocked, and the bank employee
22	told us that everything was fine and within the next two
23	to three weeks, depending on the realisation, the money
24	was absolutely going to be remitted to that account and
25	there were no encumbrances, and we did that together
18 :1	with my wife, we went to the bank office together with
2	my wife and we signed off on all the necessary documents
3	together.
4	MR JUSTICE HILDYARD: Right. I think I have the picture
5	now. I am sure I will have to clarify various points of
6	detail, but the overall picture seems to be relatively
7	clear, and I think I must ask Mr Lord to explain
8	a little bit more about the basis for their objection,
9	as I understand it to be, for the use of this money up
10	to 75,000 for the purposes which you have indicated.
11	MR LORD: Sorry, my Lord, I didn’t put it in those terms.
12	I said we have concerns about this event, and I’m going
13	to elaborate upon those, and I made it plain that we are
14	anxious not to, in any way, do anything to impair the
15	trial here.
16	So, for example, we were asked earlier this week
17	whether €15,000 could be paid to cover witness expenses
18	in Paris, and we said yes, but subject to having
19	a reasonable breakdown. The breakdown came an hour ago,
20	so when complaint is made to your Lordship by
21	Mr Arkhangelsky 10 minutes ago that we have not got back
22	to him on the breakdown, that is a thoroughly unfair and
23	misleading submission to make.
24	My Lord, I’m sorry to have to make a few prefatory
25	remarks, but yesterday the Bank of St Petersburg was
19 :1	accused of taking recent steps to try to block and
2	frustrate the withdrawal of monies so as to somehow
3	derail the trial. That’s a very, very serious point.
4	MR ARKHANGELSKY: My Lord, our position has not changed.
5	MR LORD: That is a very serious allegation and one that
6	should not be made, it should not have been made, and
7	I am going to take your Lordship to a number of other
8	statements that have been made by the respondents which
9	also appear to be untruthful, and relevantly false.
10	MR JUSTICE HILDYARD: Yes. I must, of course, listen and
11	take account of those points, but in broad terms, my
12	concern is to see not only that the travel and dwelling
13	expenses in Paris of the Arkhangelskys and their
14	witnesses within the amount — I think it is uncertain
15	whether it is 17,000 or 15,000 — I think
16	the correspondence related to 15,000 — not only that,
17	but their sustenance, if I can put it that way,
18	including the amounts due for their apartment and, no
19	doubt, for ordinary living expenses, is somehow met.
20	So I am looking at paragraph 12, which contains the
21	obligatory payments. In principle, and subject to
22	clarifying other issues as to what I was told yesterday,
23	are those amounts objected to?
24	MR LORD: Well, my Lord, in stages, the income tax —
25	MR JUSTICE HILDYARD: Yes.
20 :1	MR LORD: — that needs to be explained, because that looks
2	like it is tax on income. So your Lordship understands,
3	the idea of an exemption from a freezing injunction is
4	that you pay your bills because you don’t have enough
5	money coming in elsewhere, and you can pay for your
6	lawyers to run the litigation. That’s what this
7	exception is about.
8	When you have Co France here, a real business, and
9	you have income tax being paid, that begs a number of
10	questions.
11	Now, it is a relatively small amount of money and
12	I don’t want to put the respondents in difficulty in
13	the short term, but when does that have to be paid by?
14	Does it have to be paid by? It doesn’t have to be paid
15	in the next few days, because, in my respectful
16	submission, before the court allows frozen monies to be
17	disbursed, it should be reasonably satisfied that that’s
18	an appropriate disbursal. So income tax, potentially,
19	yes, it is small, but it begs a lot of questions.
20	Secondly, the apartment. Again, on the face of it,
21	that looks as if that probably is going to have to be
22	paid. Travel expenses to Paris, yes, of course, we’ve
23	agreed to that.
24	But then Co France. We would say no. Why is money
25	being paid out of a frozen bank account to a company
21 :1	that Mr Arkhangelsky runs. That’s the wrong direction
2	of travel here. There is no explanation for that. That
3	is not a living expense or a reasonable legal expense.
4	That appears to be the ebbing away, or the seeping away,
5	of frozen monies.
6	So, my Lord, in principle, and subject —
7	MR JUSTICE HILDYARD: Well, I think they would say that it’s
8	a necessary payment to preserve some prospect for the
9	future of them being able to sustain themselves now that
10	their capital assets, represented by these policies, are
11	being eroded.
12	MR LORD: But it says «rental payment and taxes for
13	Co France».
14	MR JUSTICE HILDYARD: Yes, but Co France is the means by
15	which they hope to make their living. They have offices
16	for Co France, as I understand it. Co France, I am
17	told, is not bringing in anything at the moment because
18	Mr Arkhangelsky is engaged in this case, but the rental
19	due on its office rolls on remorselessly.
20	MR LORD: My Lord, there is no evidence of any of that, so
21	it can’t be taken on trust. It absolutely can’t.
22	Now, if we agree to let these monies out, it can
23	only be on condition that we have a full and frank
24	discussion by the respondents of their asset position,
25	their income position and matters such as Co France.
22 :1	MR JUSTICE HILDYARD: I agree with that in principle, yes,
2	but I don’t think it is impermissible for me to look at
3	the proportionality of this. The fact is that, compared
4	to the amounts which you are seeking to recover if you
5	succeed in both aspects of the matter — that’s to say
6	in the defence and in the counterclaim — dwarfed by
7	such a proportion that I must expect that you have
8	other, non-financial reasons for pursuing this matter,
9	including to clear your people’s names, and that sort of
10	thing, which you have acknowledged.
11	There comes a time when excessive detail costs more,
12	really, to me, in terms of the court administration, and
13	to you, in terms of your wasted time, than the amount at
14	stake, and it’s simply not worth the candle.
15	At the moment I am just wondering why you are so
16	zealous in this regard. I want my orders obeyed, just
17	as any judge wants them, but I am just wondering what’s
18	going on here? Why are we being quite so …
19	MR LORD: I’m sorry, my Lord, taking a step back, I’m sorry,
20	my instructing solicitors, associates and trainees are
21	working around the clock at the moment — it is
22	important — it is relevant — your Lordship says why,
23	why does this matter, what lies behind it.
24	MR JUSTICE HILDYARD: It obviously matters that the monies
25	are not expended otherwise than on living expenses, and
23 :1	I need to make sure — or legal costs — and I need to
2	make sure that there is sufficient evidence as to
3	satisfy me in general terms, but I think that you are
4	looking for a level of particularity and detail which
5	may not be worth the candle and may take such time that
6	its object, which is to enable them to meet their bills
7	in the near future, will be defeated anyway.
8	MR LORD: My Lord, the starting point is whether this gives
9	cause for concern. Your Lordship starts from the
10	assumption that there is nothing of concern in this
11	affidavit, and I have not developed that concern.
12	I made it quite plain that we were not going to stand in
13	the way of the reasonable disbursement of proper
14	expenses. I made that quite plain.
15	But I am not going to give up. I am afraid I will
16	make submissions on the reason we have concern as to
17	this asset, and very, very simply, your Lordship was
18	told that Mr Arkhangelsky could not afford to go to
19	Paris. I haven’t got the exact reference, but he said
20	something like he would have to sleep in the train
21	station.
22	I don’t want that to be quoted back, because that
23	may be my rather blurry recollection, but it was quite
24	a graphic submission, to the effect that he was right
25	down to his last cent, that was the burden of it, and
24 :1	this shows that there is an amount of money, some
2	€325,000 available, out of which he needed some €17,000
3	to be able to have the taking of evidence in the court
4	which this court, your Lordship, thought was the most
5	appropriate forum for that. Now, that is a relevant
6	factor.
7	A second directly relevant factor is the continued
8	attempt to say that this trial will not be fair because
9	of the limited resource available to
10	the counterclaimants. That has been said probably
11	hourly, certainly daily, and it is a threat that is
12	hanging over your Lordship and over my clients, and to
13	give a very specific example, it is really said that if
14	the court insists upon, or if the court allows the
15	Bank of St Petersburg, facing a counterclaim of some
16	$700 million, if it should be allowed to call its
17	forensic accountant, for which leave has been given, and
18	it has paid for a report or two or three, the trial will
19	be unfair, there would be an Article 6 point because the
20	counterclaimants can’t afford to get Mr Steadman to
21	court.
22	We had a letter from Mr Steadman only this week. If
23	we just look at this one example —
24	MR JUSTICE HILDYARD: But where are these points going to
25	help me adjudicate whether or not to release the monies,
25 :1	which is all I am concerned about?
2	Of course I notice, Mr Lord, the fact that there are
3	these monies and that the priorities which the
4	defendants appear to attach to various things in
5	preference to others, and of course, when it comes to
6	whether there is or isn’t a fair trial by reference to
7	matters they can or cannot afford in the future, I will
8	remember very well this day.
9	But what I have to do now — now — is determine
10	whether or not to release these monies.
11	MR LORD: And one of my respectful submissions is when
12	I show your Lordship the questions and queries, the
13	fairest order to make would be a release order, subject
14	to — or not subject to, but carrying with it,
15	immediately in its wake, some order that asset
16	disclosure and income disclosure will be made.
17	MR JUSTICE HILDYARD: Can you show me where this particular
18	policy, amongst the three policies, was disclosed?
19	Could we have a look to see, was a value ascribed to it?
20	MR LORD: Yes, it was, I think.
21	MR JUSTICE HILDYARD: What was it then?
22	MR LORD: 330,000, I am told. My clients had assumed, and
23	have assumed that this money had gone on lawyers and
24	living expenses and so on. We didn’t think that this
25	money —
26 :1	MR JUSTICE HILDYARD: So this is a good day for you?
2	MR LORD: Well, it depends what it’s spent on, my Lord. If
3	it is spent to ensure the trial —
4	MR JUSTICE HILDYARD: You thought it had already gone, now
5	you are told it hasn’t. That’s good news.
6	MR LORD: Yes, my Lord, and the Mr Steadman point.
7	I am sorry, I do object to the suggestion that this is a
8	strategic move. We are trying — it’s not, my Lord,
9	I am afraid I do object to that.
10	MR JUSTICE HILDYARD: I know what you are objecting to, but
11	occasionally, I think, that whilst normally very
12	reasonable, the claimants tend to disproportionality,
13	and the question is whether this is an example of that
14	tendency or not.
15	MR LORD: Well, my Lord, I, with respect, would submit that
16	this is not a disproportionate reaction; that in this
17	exceptional case with exceptional latitude being granted
18	to these defendants — this will be, in my submission,
19	a unique case. The size of this counterclaim, and
20	when — your Lordship may think that it is absolutely
21	fine for these counterclaimants to have submitted what
22	they have submitted, and that it is all right to say: we
23	can’t have Mr Steadman because we want to keep a nest
24	egg. If your Lordship is of that view, then that’s
25	your Lordship’s view and we will obviously work with
27 :1	that.
2	MR JUSTICE HILDYARD: I’m not saying whether it is or it
3	isn’t my view. It is a matter for another day.
4	When the issue arises as to the position with
5	respect to Mr Steadman and whether it has consequences
6	in terms of the fairness of this trial, I will remember
7	this day, I have said that.
8	MR LORD: My Lord, I would like to make submissions about
9	the asset — your Lordship will also recollect that we
10	wrote letters about the mirror companies and about
11	City Centre. Does your Lordship recollect those letters
12	that were written?
13	MR JUSTICE HILDYARD: Yes.
14	MR LORD: And a judicial hortatory observation was given
15	that it would be, perhaps, helpful, and in
16	the counterclaimants’ interests to answer those.
17	MR JUSTICE HILDYARD: Yes.
18	MR LORD: And they have not been answered. So your Lordship
19	understands the burden of that, some substantial monies,
20	not small amounts of money for income tax, but
21	substantial sums of money seem to have gone to this
22	City Centre company.
23	MR JUSTICE HILDYARD: But my concerns do not reduce their
24	living expenses.
25	MR LORD: No. My Lord.
28 :1	MR JUSTICE HILDYARD: I’m just trying to take this — all of
2	us would prefer to be doing something else today than
3	wonder about things in the future.
4	Now, for the moment there is an application for the
5	withdrawal, or some order which enables Société Générale
6	to make provision for the withdrawal of certain amounts
7	of cash, and what I am wondering about is, well, what
8	amounts really are needed; should it be a lump sum of
9	75,000, or a more controlled monthly withdrawal, or
10	what? That’s my concern.
11	Mr Lord, I have noted a number of things about the
12	priorities which the defendants attach from time to
13	time, and I will explain that to them. I notice that
14	Mr Ameli is involved. I notice that this other lawyer
15	is involved. I notice that lawyers are involved pretty
16	much everywhere except this court. Of course I notice
17	that.
18	MR LORD: My Lord, you can see from my client’s point of
19	view — I made the submission about the timetable, but
20	I am getting a lot of pressure because my client — so
21	your Lordship knows, my clients do not accept — have
22	never accepted — that the counterclaimants are as
23	bereft of resource as they have submitted. That has
24	a material bearing on this case. Your Lordship has
25	given exceptional rights of audience and exceptional
29 :1	latitude on that premise. If that is a false premise,
2	then the matter should be reviewed.
3	MR JUSTICE HILDYARD: But there is nothing in what presently
4	emerges, given that this was one of the three policies
5	disclosed, at or around its value, which adds to
6	the body of knowledge as to whether or not they have any
7	other assets, and my conclusion was that you had not
8	demonstrated that they had, and at the moment, do you
9	want me to revise that conclusion?
10	MR LORD: I don’t my Lord, but I think I made the
11	submission, or I tried to make the submission, that that
12	was the wrong way around: it wasn’t for me to, sort of,
13	if you like, prove no resource. It was really
14	appropriate for a party seeking this regime for the
15	trial to have —
16	MR JUSTICE HILDYARD: Well, I said in my judgment, from
17	recollection, that the difficulty was that it would then
18	cause the defendants to have to prove a negative, and
19	that’s right, isn’t it? It is very difficult when
20	people say: we’ve got no other assets, for them to show
21	that’s the fact except by identifying the assets they
22	say they do have.
23	If you then at that, or at some subsequent time,
24	show that they have some other assets, that could
25	entirely alter the burden of proof, but that is not the
30 :1	position.
2	MR LORD: My Lord, going through this — does your Lordship
3	wish to deal with the substantive concerns, because
4	your Lordship asked me what today’s position is.
6	MR LORD: I made it clear at the beginning of today we were
7	not objecting. Your Lordship said I am objecting.
8	I think, with respect, that is an unfair
9	characterisation of my position.
10	MR JUSTICE HILDYARD: Well, I apologise if it is unfair.
11	MR LORD: It was not my position. I made it quite clear
12	that was not my position.
13	MR JUSTICE HILDYARD: So you agree to 12?
14	MR LORD: I am going to invite your Lordship to make that —
15	to release that money, but on condition, or coupled
16	with, a requirement for some sort of affidavit of assets
17	and income to be filed by the counterclaimants.
18	MR JUSTICE HILDYARD: Let’s deal with assets. What more can
19	they say? They say that this is their only asset. They
20	say that this is what they hope will be their pension,
21	and it’s not going to be.
22	MR LORD: Well, my Lord, we are getting into analysis of
23	this affidavit and what’s said in it, and we have had
24	an exhibit that is excerpts from their bank accounts.
25	MR JUSTICE HILDYARD: Okay, show me that.
31 :1	MR LORD: I have only had half an hour, my Lord — I am
2	sorry, my Lord, but I am afraid I am going to have to
3	make a reservation(?) because I tried to — I made
4	a submission about a fair way of having a pro tem
5	solution and a proper investigation. Your Lordship
6	seems to be suggesting that we don’t have the second
7	stage.
8	MR JUSTICE HILDYARD: Well, I am simply worried about time.
9	I am worried about how to get monies which are
10	unobjectionable out to them in time for it to make
11	a difference. What do you say should be the timing? We
12	are already —
13	MR LORD: I’m not objecting to that. Your Lordship can
14	release this money today. It can go today, as far as
15	I am concerned. It should go in an hour so we can get
16	to Paris, I am not objecting to that —
17	MR JUSTICE HILDYARD: When you say «that», is that all 12,
18	or only the 15,000?
19	MR LORD: My Lord, we will agree, I have instruction that we
20	will agree to whatever the figure is, whatever the
21	figure was, that €75,000 —
22	MR JUSTICE HILDYARD: Right.
23	MR LORD: — we will, by consent, agree that that can go
24	today and be spent as set out in 12, but strictly
25	without prejudice to our position as to whether any of
32 :1	those matters are actually justified.
2	So the money can go, they can have €75,000, and they
3	can pay it for those points. But I am not having it
4	said against me next time round that I agreed it was all
5	right to pay income tax and it was all right to pay
6	Co France, because I am not accepting that. I am
7	agreeing to a sticking plaster because of
8	your Lordship’s observations and the timing, and
9	principally the requirement to get this trial to Paris.
10	So that can happen within five minutes, as far as my
11	clients are concerned.
12	MR JUSTICE HILDYARD: Right.
13	MR LORD: But that will leave the other matter, and I will
14	address your Lordship about that because there are some
15	serious concerns.
16	MR ARKHANGELSKY: My Lord, can I mention that, despite what
17	Mr Lord has just said, all the expenses, all the taxes
18	that he has been referring to, we have been meeting out
19	of our living expenses. We are not above the limit of
20	the freezing order. All the taxes, all the rent, it’s
21	not something that requires any change in the freezing
22	order. This is our ongoing expenses. The total amount
23	of the tax is our social taxes. France is a socialist
24	country with very high taxes. Anyone who gets paid more
25	than €2,000 per month is a rich person and is hit with
33 :1	the maximum rate of tax. Because we are foreigners, we
2	have to pay high social expenses and social
3	contributions.
4	Now, we pay that out of our daily living expenses.
5	Our tax return is in the public domain. Mr Ameli has
6	made an affidavit to that effect. He has described our
7	expenses and our income and, therefore, the accusations
8	made by Mr Lord are totally misconceived, and I fully
9	agree with you in the sense that if they have questions,
10	if they have concerns, let them show us at least one
11	euro, at least one rouble that I have stashed away or
12	hidden from yourself, my Lord, or from Mr Lord. These
13	accusations are totally misconceived and this is
14	completely against the rule of law and fair trial
15	requirements.
16	One other important comment that I believe I need to
17	bring to your Lordship’s attention is this: My ultimate
18	value is my family. Obviously, a commercial court in
19	Russia, Bulgaria, BVI, English or French court is
20	extremely important, but this has to do with my position
21	in life, and with my dignity. Having said that, my
22	family is more important to me, and I understand that
23	irrespective of the outcome, and I do hope for a fair
24	outcome, having my family go with a cap in hand would be
25	extremely unfair.
34 :1	We have been very clear about our expenses. Our
2	expenses are part of our pension pot and this is
3	a pension pot that we have put in place for our
4	children. We are foreigners, we have several young
5	children. My wife is not working, that is why we put
6	that pot in place, and the most important comment with
7	respect to something that Mr Lord keeps making and keeps
8	ignoring, even if I do prevail in this litigation, I am
9	absolutely certain that Bank of St Petersburg and
10	Mr Savelyev will never comply with an English court
11	judgment, will never pay me a single penny.
12	MR JUSTICE HILDYARD: Mr Arkhangelsky, I am sure it is my
13	fault, but I seem to have encouraged, on both sides,
14	a level of emotion which is not going to assist me
15	determine the discrete matters which I have to determine
16	today.
17	You have gone well beyond, if I may say so, that
18	which is necessary to justify, or to seek to justify
19	what you want, which is the withdrawal of certain monies
20	for the expenses you have identified. The rest of
21	the allegations which you pour out will have to await
22	another day. I am afraid by taking a minimalist
23	attitude, I seem to have encouraged a maximalist
24	emotional response, and I regret that.
25	My wish is to try and identify with a little bit
35 :1	more particularity, despite Mr Lord’s flexibility, which
2	I acknowledge, as to the withdrawal of sums, subject to
3	proper protections and other considerations in
4	the future, despite his flexibility, there are some
5	issues which, given that the affidavit was prepared by
6	a lawyer, I find rather surprising, and of concern.
7	The income tax headline which you want is 9,960, but
8	the only amount payable in the immediate future is
9	3,320. I imagine that income tax may be payable
10	quarterly, and that the first payment is due on
11	15 February.
12	What is the rota of payments due in respect of the
13	income tax? After the 15th, if I can put it the other
14	way —
15	MRS ARKHANGELSKAYA: Well, the first tranche is on
16	15 February, then 15 April, and the third tranche is
17	some time around June or July, definitely in the summer.
18	But for us, we are looking at a large amount, 75,000
19	as opposed to, say, 40,000, because life assurance,
20	before we can use that money for ongoing expenses, we
21	need a lot of time. The bank would need anywhere
22	between two and three weeks to do that, therefore we
23	thought that we will take €75,000, and we will be using
24	that money over a protracted period of time, say
25	12 months, not to have to go to the bank two or three
36 :1	times, because it requires a lot of time because you
2	need to make an appointment with the clerk, you have to
3	come and talk to him, then you have to wait for a long
4	time.
5	So we thought we would be asking for a lump sum of
6	70,000 that we would then be living off, within the
7	framework of the limit of 2,000, according to
8	the freezing order. Once again, the 75,000 would last
9	us anywhere between 10 and 12 months.
10	MR JUSTICE HILDYARD: I understand, I understand. Now when
11	is taxes and fees relating to the apartment in Nice,
12	when are they payable?
13	MRS ARKHANGELSKAYA: The approximate sum for the next couple
14	of months, to put it clearly, about 30,000 for the next
15	couple of months, because we have to budget for the trip
16	to Paris. That’s the biggest expense, that’s the
17	nearest biggest expense.
18	MR JUSTICE HILDYARD: I was just talking about the
19	apartment. Do you pay those taxes and fees monthly? If
20	not, how often do you pay them and in what amount?
21	MRS ARKHANGELSKAYA: Monthly. It is monthly.
22	MR JUSTICE HILDYARD: What is the monthly amount?
23	MRS ARKHANGELSKAYA: On a monthly basis about —
24	MR ARKHANGELSKY: I am sorry, we have a problem with the
25	voice. It is changing languages every second minute.
37 :1	(Pause).
2	MRS ARKHANGELSKAYA: On the monthly, could I please clarify
3	what the money is spent for, on a monthly basis?
4	MR JUSTICE HILDYARD: Taxes and fees related to
5	the apartment in Nice is what I’m asking about.
6	MRS ARKHANGELSKAYA: It’s about 2,500 per month.
7	MR JUSTICE HILDYARD: And are they in arrears or paid up so
8	far? Have you paid all that’s due so far?
9	MRS ARKHANGELSKAYA: Yes. Everything is paid so far, to
10	this day. The next obligatory payment that cannot be
11	delayed is 3,320, due on 15 February, and the trip to
12	Paris.
13	MR JUSTICE HILDYARD: And the Co France rental payment, are
14	you proposing that that be paid to Co France, or to
15	the landlord?
16	MRS ARKHANGELSKAYA: Certainly to the landlord. I propose
17	to pay to the landlord, because Co France does not
18	operate now, there is no income, my husband is here and
19	I am dealing with the children, so we have to take about
20	three months of rent payments within the money, because
21	we don’t want to lose the business. You can imagine two
22	foreigners arrive to France, it’s not so easy to work
23	here for us. Everything will be within our expenses, we
24	will just cut down our daily expenses on food, on some
25	small entertainment for the children, et cetera, in
38 :1	order to pay the rent.
2	MR JUSTICE HILDYARD: Do you have accounts or other
3	statements which would show how Co France has been doing
4	over the last year?
5	MR ARKHANGELSKY: Absolutely, there are accounts for
6	Co France.
7	MR JUSTICE HILDYARD: And what are they drawn to? What are
8	the dates that they cover, the accounts that you have?
9	MR ARKHANGELSKY: As of today, we have accounts for 2013 and
10	2014, and submission of accounts for 2015 shall be at
11	the end of May.
12	MR JUSTICE HILDYARD: And you would have no objection to
13	providing those accounts —
14	MR ARKHANGELSKY: My Lord, my Lord, if I may, I also wanted
15	to draw the court’s attention?
16	Of course not. This is not a problem at all.
17	I have discussed the issues of these documents with
18	Withers, when we had Withers, and since they say that
19	the cumulative assets of Co France are less than £5,000,
20	this information does not need to be disclosed to court.
21	I do not have any problem with disclosure, but I simply
22	wanted to draw your attention to that creating certain
23	temporary difficulties, because that will distract us
24	from preparing for this hearing.
25	All the more so because these are public accounts in
39 :1	France, one can go onto the website of the state
2	taxation service and see all the turnover, all the
3	amounts, the taxes and the actual balance sheet.
4	Mr Lord can pump it down from the internet. This
5	information is public.
6	MR JUSTICE HILDYARD: Thank you.
7	Right, now it is bound to be said that,
8	notwithstanding it is understandable you should not wish
9	to use all your monies at once, nevertheless, it does
10	not sit — it is not right for you to explain that you
11	cannot afford lawyers if you have the money whereby to
12	do so, and, more particularly, it is not right for you
13	to complain about the fairness of a process because you
14	have chosen not to pay for some essential participation
15	in it.
16	Now, that is inevitable that that should be said.
17	You may say: my goodness me, but that means that we will
18	be exposed for the future and we will not be able to
19	provide for our children, and that is an understandable
20	point, but the fact also is that if you have the money,
21	that is your choice: you are not left with no choice,
22	you are left with a human, but difficult choice. Would
23	you like to say anything about that?
24	MR ARKHANGELSKY: Absolutely, because the amounts that we
25	are discussing that we still have in our accounts, that
40 :1	is court hearings that would last for about one week.
2	I believe you understand, your Lordship. I understand
3	the Bank spends at least £1 million every month, and now
4	we are only talking about £200,000, £250,000. You know
5	very well counsel and solicitors and barristers’ rates,
6	and one needs to understand what this budget could
7	really be spent for.
8	MR JUSTICE HILDYARD: Well, I will give you an example.
9	MR ARKHANGELSKY: At the same time we have no sources of
10	income.
11	MR JUSTICE HILDYARD: Yes, I will give you an example. I do
12	not know whether Mr Ameli, or whether this further
13	French lawyer are being paid, maybe they are acting for
14	free, but in the case of Mr Steadman, who is a very —
15	MR ARKHANGELSKY: They work pro bono, your Lordship.
16	MR JUSTICE HILDYARD: Yes, thank you. In the case of
17	Mr Steadman, who has refused, as I understand it, to act
18	pro bono, have you ascertained what it would cost for
19	him to attend and whether you could afford it?
20	MR ARKHANGELSKY: My Lord, I spoke to him a week ago, or
21	three weeks ago, and he told me that we are talking not
22	about taking part in the court proceedings, and not as
23	much about taking part in the proceedings. Taking part
24	in such court proceedings where the reputation of him
25	and his company is involved would call for many months
41 :1	of preparation on his behalf, even if we take some
2	mythical figure of £200 to £300 per hour, if you time
3	it, two or three months’ preparation, you understand
4	well what calculation we will arrive at, and he told
5	honestly about that. He said that his company is first
6	rate, they are not going to do it just for free. It’s
7	not because they don’t like my case, but because this
8	work demands a large amount of preparation, not just for
9	himself, but for his employees.
10	MR JUSTICE HILDYARD: Thank you.
11	Mr Lord, as I have explained, I regard my job today
12	as relatively discrete, but I have been asking these
13	questions because I wish to reassure myself that my
14	orders are not being not taken account of.
15	MR LORD: I understand.
16	MR JUSTICE HILDYARD: My inclination, following from your
17	indication, is to permit and make whatever direction is
18	necessary to permit, the 75,000 which is sought, but
19	I shall require evidence as to the income tax
20	liabilities, and evidence that the monies withdrawn are
21	used to discharge those.
22	Likewise as to the taxes and fees in respect of
23	Nice, the travel and dwelling expenses you have asked
24	for clarification of, but are broadly agreeable to
25	the 15,000 then imagined and 17,000 may simply be
42 :1	a further estimate, but that also has to be quantified;
2	and Co France, there must be evidence of their past
3	performance. There seems to be no problem in that since
4	I am told that they are public anyway, and there must be
5	receipted invoices of the amounts paid to the landlord.
6	I do not, Mr and Mrs Arkhangelsky, mean to suggest
7	that I simply do not believe you; I just mean that this
8	must be recorded so as to avoid question marks in the
9	future.
10	The issue as to Mr —
11	MR ARKHANGELSKY: I see no problems. Absolutely.
12	MR JUSTICE HILDYARD: The issues as to Mr Steadman, and as
13	to whether or not it would be possible to enhance your
14	representation at the trial, will have to be dealt with,
15	I think, once I have thought further and Mr Lord has
16	thought further. Those are my provisional inclinations.
17	Mr Lord, is that agreeable to you?
18	MR LORD: My Lord, yes, certainly in terms of the release of
19	the money, and in terms of, if you like, the questions
20	and concerns that arise, in my respectful submission,
21	this affidavit does cause concern as to whether the
22	court has proceeded on a fully accurate basis in terms
23	of the resource available to these counterclaimants.
24	That resource and the alleged deficiency therein has
25	been a constant refrain from these counterclaimants.
43 :1	They have complained about the potential unfairness at
2	every stage.
3	If it is the position that they have chosen not to
4	brief junior counsel, not to finance Mr Steadman,
5	through a choice that they have made, then that is
6	a relevant consideration, and certainly I will reflect
7	and take instructions, but in light of this affidavit,
8	this is really the end of any complaint, in my
9	respectful submission, of any unfairness due to resource
10	in this case.
11	MR JUSTICE HILDYARD: Well, I think that may not be
12	an accurate prediction. But there we are.
13	MR LORD: It is my fault. It was a bit too theatrical.
14	What I meant, my Lord, is really your Lordship asks
15	where this is going. Almost minute by minute we get
16	apologies for inefficiencies and translations and
17	alleged poor questioning, which I don’t accept,
18	Mr Stroilov is a very adept performer. But endlessly
19	there is the use of a carapace of a lack of resource
20	throughout this litigation. It affects how my
21	solicitors have to conduct it, the burden they are
22	under, complaints about how the hearing should be
23	conducted, what time should be allowed, how many of my
24	witnesses should be stood out of the timetable to let
25	a non professional cross-examiner to catch up.
44 :1	It has a host of really quite profound fairness
2	implications for my clients, but in my respectful
3	submission, this affidavit calls into serious question
4	whether that is a —
5	MR JUSTICE HILDYARD: Well, to some extent — we will have
6	to discuss this if and when it arises — 366,000 is good
7	news, but it is not going to cover their necessary
8	living expenses and legal fees for at all long. We must
9	keep a sense of proportion about this. It may be that
10	more inquiries ought to have been made by you, and
11	possibly by the court, as to what part of the 320,000,
12	as it then stood, had already been spent. All these
13	matters look sharp in retrospect, not so sharp at the
14	time.
15	We will have to return to the fray. I would say two
16	things, Mr and Mrs Arkhangelsky, more generally. The
17	first is to echo, to some extent, the point made by
18	Mr Lord that, although choices are very harsh, they
19	nevertheless are choices, and whether a choice is being
20	made not to fund, for example, the attendance of
21	a witness does affect the court’s view, from time to
22	time, as to the fairness of the process. They are
23	connected, and, therefore, you have to be candid with me
24	so that I can weigh the substance of your complaints, if
25	they continue, as to the fairness of the process.
45 :1	That’s rather a convoluted way of saying, I am
2	afraid, that I have promised to review the fairness of
3	the trial from time to time, but in doing so, I must
4	know what the true facts are, and amongst the facts
5	which will be relevant are the resources available to
6	you, even if you would prefer to spend them on some
7	other expenses. That’s the first point.
8	Ancillary to that first point is also this: that
9	I have urged Mr Stroilov and you, through him, and
10	I have urged you directly, always to look to cooperate
11	with the trial rather than to find ways of criticising
12	the process. It will look far better from your point of
13	view to have done so, because then if there is a true
14	unfairness, you will not have cried wolf so often.
15	I don’t know whether you know the expression «cry wolf».
16	You raised a false alarm so often.
17	The second thing is this, and I know that
18	Mr Arkhangelsky no doubt had a great shock.
19	MR ARKHANGELSKY: That’s a very old Russian fable, sir.
20	MR JUSTICE HILDYARD: Right, good, thank you.
21	The second thing is this: I know that it must have
22	been a shock for Mrs Arkhangelskaya who, as any mother
23	would, is anxious to ensure that household expenses and
24	food and everything else, and rent and taxes are all
25	paid, as you will be also, Mr Arkhangelsky. No doubt
46 :1	the shock made her less concise and clear than she
2	should have been when reporting the events to you. But
3	when the matter is relayed to the court, the court will
4	take your account — unless and until it is demonstrated
5	not to be accurate — at face value, and if it is
6	thereby misled because you have not taken the trouble to
7	check the exact accuracy, you will find the court
8	increasingly disappointed in you.
9	You must not, whether through Mr Stroilov, or
10	directly, recount matters on which you are inviting the
11	court to rely, which are not, after careful checking,
12	entirely accurate; do you understand what I am saying?
13	MRS ARKHANGELSKAYA: Yes, absolutely. We do understand, and
14	we will provide all the necessary documents.
15	MR JUSTICE HILDYARD: Yes, you will do that, but you will
16	not, in the future, put forward as an emergency
17	requiring to be dealt with that very morning,
18	withdrawals from a bank on the basis of information
19	which you now accept was inaccurate and incomplete. It
20	must not happen again.
21	MRS ARKHANGELSKAYA: My Lord, I have a small question:
22	I didn’t understand which information was inaccurate and
23	incomplete.
24	MR ARKHANGELSKY: We, to this day, believe that that was the
25	Bank of St Petersburg creating problems for us at
47 :1	Société Générale.
2	MR JUSTICE HILDYARD: Belief is one thing, but reporting to
3	the court that that is what Société Générale had given
4	you to understand does not appear to be accurate and
5	places no part in the comprehensive statement that
6	I asked to be put before me. Do not put before me
7	matters which you cannot and have not taken steps to
8	verify. I do not want there to be a difference between
9	what you are prepared, or your lawyers are prepared, to
10	write, and what you are prepared to say in a hurry.
11	All right. Now to the actual technicalities. So
12	sorry, yes?
13	MRS ARKHANGELSKAYA: Yes.
14	MR JUSTICE HILDYARD: The technicalities. Société Générale
15	are concerned about the order, the 2012 order. I dare
16	say they will need some specific direction or order
17	enabling the release, subject to the conditions which
18	I have adumbrated, although not specified, I suppose.
19	MR LORD: My Lord, just, again, thinking out loud, I am not
20	drafting. I imagine from the Bank’s point of view they
21	want a consent order, or possibly the consent of
22	the Bank of St Petersburg, to a certain release of
23	money. I am not sure they want the breakdown. The
24	breakdown probably comes, forensically, from the
25	defendants into this litigation, I would have thought.
48 :1	But they will need a clean order. They will just want
2	to be told on a piece of paper —
3	MR JUSTICE HILDYARD: I think you are quite right. They
4	won’t want to look behind it.
5	MR LORD: In the whys and wherefores, my Lord. I think it
6	may be that we will have to draft swiftly, and we will
7	do it now, a consent order which your Lordship, if
8	your Lordship is kind enough, could endorse today and
9	then it can be sort of faxed off ASAP and the money
10	released. I think that leaves the aftermath, really —
11	MR JUSTICE HILDYARD: Whether by a supplementary order or in
12	correspondence, which I see and approve, or if you wish
13	me to give directions in an approved form, I do wish the
14	supplementary evidence which I have adumbrated to become
15	available.
16	MR LORD: There is a further question, my Lord, about, for
17	example, the Bank statements — a number of points
18	arise. We anticipated that the Arkhangelskys would go
19	into writing, not through a lawyer, that’s the first
20	point. It is a matter for your Lordship whether that is
21	a satisfactory position, because it clearly builds in
22	distance and detachment, and that is why courts tend to
23	want the horse’s mouth, as it were, because things that
24	are very important, with the best will in the
25	world there can be a —
49 :1	MR ARKHANGELSKY: My Lord, could I please ask you to
2	us from unnecessary bureaucratic work? We are very busy
3	in preparation to the hearing and what Mr Lord proposes
4	here, some treatises, I think it is pointless and only
5	accumulates the expenses.
6	MR JUSTICE HILDYARD: Let us see what Mr Lord says, and then
7	I will ask you to comment on it, but let us not
8	interrupt him.
9	MR LORD: My Lord, I was going to suggest — well, the first
10	thing was to get the consent order away today. We can
11	draft some directions, because I think your Lordship has
12	in mind some verification or validation of the disbursal
13	purposes of this €75,000, or some odd, that is one part
14	of that, if you like, that is a compartment, and that
15	leaves the question whether it is appropriate to require
16	some further affidavit of assets and income from the
17	counterclaimants, and I was just prefacing that
18	submission, or that suggestion, I was observing that we
19	had not had anything from the horse’s mouth, as it were,
20	and typically when you are saying to a court: this is
21	the only money I have, or: I really must have this
22	money, you would expect that to come pretty directly,
23	because there is a focus and a rigour from that process,
24	and there’s no scope, really, for subsequent
25	explanations that actually somebody didn’t quite
50 :1	understand or didn’t remember to write something down.
2	Obviously that shouldn’t really happen, but it does
3	happen, and in this case we have had extracted — we
4	have had excerpts from bank statements. We have had
5	single pages from print outs of five or six — we have
6	had page 2 of 6, or page 1 of 5, and several accounts
7	are revealed and it is not, in my submission,
8	satisfactory where there is clearly recognition by the
9	Arkhangelskys that they should be apprising the court of
10	their financial situation, for that to be done on
11	anything other than a complete basis.
12	They have, in effect, for this affidavit and
13	exhibits, acknowledged that. So the question, really,
14	is it can’t be so unfair to require that process to be
15	perfected. I don’t know how this process of extraction
16	has been conducted in such short order; in other words,
17	there appear to be some six bank accounts identified,
18	and we only have a handful of extracts from it. And it
19	looks like there has been some filleting out, and so
20	there is, obviously, some accounting capacity and
21	capability available to the defendants.
22	Really, there are issues arising as to the freezing
23	injunction, there are issues arising as to the case
24	management and the conduct of this case, and, in my
25	submission, it would be appropriate to require
51 :1	affidavits — an up-to-date affidavit of means of assets
2	and income, and the exhibiting, let’s say, of the last
3	six months of bank statements, and that would be
4	an appropriate course for the court to take, if only to
5	be satisfied that the premise for the advocacy and
6	conduct arrangements is a sure one, because the review
7	process cuts both ways. I did make it plain that we
8	didn’t accept that the — I’m not going to re-argue it,
9	but that reservation remains, it remains our position,
10	and this affidavit, I am afraid, supports that concern
11	that there is additional resource that could be deployed
12	in this litigation than has been put into play.
13	There are difficult choices, your Lordship is quite
14	right, but there are plenty of litigants in this
15	jurisdiction, indigenous litigants, who end up running
16	out of money or fight a libel trial or whatever, and end
17	up having to spend their life savings, and it may not be
18	fair, it may not be right, there are all sorts of
19	comments one can make, but simply because we are dealing
20	with Mr and Mrs Arkhangelsky, it doesn’t mean that, if
21	you like, a different service applies and different
22	rules apply.
23	So I just put that reservation down, and it may
24	shade with the extent to which we are ever going to hear
25	again any complaint about the fairness of the trial.
52 :1	Because there is, on the face of it, enough money,
2	there is enough money to have deployed additional
3	representation. Our understanding is that Withers
4	offered to — if your Lordship remembers the interim
5	payment application, I think Withers agreed to do it on
6	100 per cent CFA and various counsel on a partial CFA.
7	So on these figures, and it may not have been a very
8	palatable choice, but it looks as if, potentially,
9	counsel could have been deployed for this trial and we
10	wouldn’t have had to have — I don’t criticise
11	Mr Stroilov, but there wouldn’t have been any question
12	of going down that route.
13	That’s where we are. We are where we are, but so
14	your Lordship knows, I think it would be wrong of me not
15	to alert the court to the concerns we have, as revealed
16	by this affidavit. Shall I develop those concerns, or
17	is that sufficient for your Lordship’s purposes?
18	MR JUSTICE HILDYARD: Well, develop them insofar as you want
19	me to make directions at the same time, as it were, as
20	any consent order; do you see what I mean?
21	MR LORD: Yes.
22	MR JUSTICE HILDYARD: It seems to me that your submissions
23	with respect to the fairness of the trial are not really
24	matters which I can address further at this stage,
25	profitably.
53 :1	MR LORD: Yes, I accept that.
2	MR JUSTICE HILDYARD: It seems to me that matters of
3	verification and any additional concerns to which the
4	revelation of partial statements in respect of six
5	accounts, those seem to me to be matters on which,
6	subject to hearing Mr and Mrs Arkhangelsky, you may
7	wish, legitimately, to press at the moment.
8	MR LORD: I see.
9	My Lord, on looking at this affidavit in
10	paragraph 7, the deponent is dealing there with the
11	Barclays life policy —
12	MRS ARKHANGELSKAYA: Could I ask a quick question?
13	MR LORD: — is dealing with the Barclays life policy, which
14	your Lordship looked at in March 2014. If your Lordship
15	looks at the final sentence, it reads as follows: most
16	of the money from the realisation of that life insurance
17	policy was, since then, spent on the legal and living
18	expenses within the limits set by the freezing order.
19	I think it was approximately €250,000.
20	So I think it is fair to assume that this affidavit
21	has been fairly carefully drafted, so most — it shows
22	that not all the money has been spent in that way, so
23	really that begs two questions: has other money been
24	spent out of that purse, other than on legal and living
25	expenses within the limits set by the freezing order
54 :1	and/or is, in fact, the money still left in that policy,
2	or the proceeds of it, following surrender and, if so,
3	how much.
4	I doubt that words have been used anything other
5	than very advisedly in this document and, therefore,
6	there is that concern or that issue about what is left.
7	Then we have the amount in the Société Générale
8	policy but, my Lord, it is really — I think the main
9	point then is really the sort of back-up for this
10	really, and the exhibits that we have had which seem to
11	reveal — there are six different bank accounts, I think
12	at Société Générale, that are revealed, and we have had
13	a handful of sort of extracts from the statements. So
14	not all the statements and not all the print outs even
15	from that, and my Lord, that must be a fairly clerical
16	or administrative matter which one would expect the
17	relationship person at Société Générale — one would
18	imagine the Arkhangelskys don’t need to be much
19	inconvenienced by the production of that.
20	It would, in my submission, be appropriate for them
21	to explain their asset position and any other bank
22	accounts that they’ve got, whether with Société Générale
23	or elsewhere, and to produce bank statements from those
24	sources, for example, covering the last six months.
25	Because, in fact, a lot has happened in the last six
55 :1	months in terms of this litigation, and that would allow
2	the court to satisfy itself that the basis upon which
3	the court has proceeded in terms of representation and
4	conduct on behalf of the counterclaimants has been
5	surely footed. In my submission, that would not be
6	a disproportionate intrusion, that would be a reasonably
7	clerical task that you would expect the relevant banks
8	would bear the lion’s share of the work, but there would
9	need to be a sort of candid identification by the
10	Arkhangelskys of their assets.
11	Now, if it is right that they really don’t have very
12	much left in the world other than what they have
13	revealed in recent times, then one would expect that
14	wouldn’t be a very substantial task and we would invite
15	your Lordship to make some sort of order that they file
16	affidavits, both the counterclaimants, and an affidavit
17	is filed on behalf of the corporate counterclaimant that
18	attest to their current assets, current income, and
19	exhibit any, let’s say six months of relevant bank
20	statements.
21	If it is said that that’s a burdensome task, that
22	begs the question why is it a burdensome task.
23	I understood the position to be that the Arkhangelskys
24	didn’t have many assets left or much income, and
25	wouldn’t, in our submission, take long, and it should
56 :1	include Co France. Your Lordship has been told on
2	several occasions that the necessity for Mr Stroilov is
3	that Mr Arkhangelsky has to work all hours God gives to
4	work on his businesses. So I am not criticising him and
5	I am not in any way belittling the scale of the task for
6	him, I am not doing that, I am just submitting that
7	there is a potential inconsistency between saying that
8	Co France is essentially, now, sort of moribund, or in
9	some sort of state of suspense on the one hand, and
10	suggesting that actually Mr Arkhangelsky can’t attend
11	the litigation because of his business commitments on
12	the other.
13	The court is entitled to get to the bottom of this.
14	It is not a game. It’s not trying to catch someone out.
15	These are serious matters. Your Lordship has, in my
16	submission, granted these defendants considerable
17	assistance and help to ensure fairness and, in my
18	submission, there is a reciprocity here that the
19	Arkhangelskys should level with the court, with
20	your Lordship, and to shore up the record so there can
21	be no concern or complaint about any of these matters.
22	So we would invite your Lordship not just to require
23	the supplementing on the particular disbursements that
24	I envisage pursuant to the €75,000 release, but to go
25	beyond that and to order these documents to be filed;
57 :1	and they would be a useful archive, in my submission, in
2	terms of case management complaints, financing of
3	disbursements for experts, and making sure that the
4	freezing injunction is and has been respected.
5	There are a number of really rather important
6	reasons why that would be a proportionate thing to
7	order, and I ask your Lordship so to order.
8	MR JUSTICE HILDYARD: Yes.
9	Mr Arkhangelsky?
10	MRS ARKHANGELSKAYA: My Lord, would I have your permission
11	to speak now?
12	MR JUSTICE HILDYARD: Yes. One or other of you. I just
13	want to set the parameters. We will make an order for
14	the benefit of Société Générale, to enable €75,000 to be
15	released. The premise of that order, and my
16	understanding, is that 75,000 is to be used for the
17	purposes you have identified in paragraph 12 of
18	the affidavit of Nadejda Bidault.
19	MRS ARKHANGELSKAYA: Would your Lordship allow me to speak?
20	MR JUSTICE HILDYARD: Yes, I just want you to know you
21	needn’t address that because that has already been
22	decided.
23	Now, the other points as to —
24	MRS ARKHANGELSKAYA: Yes, thank you.
25	MR JUSTICE HILDYARD: — what further documents and evidence
58 :1	should be provided, first the question is whether you
2	should verify, generally, two things: one is all that
3	was stated on your behalf by Mrs Bidault, and; second,
4	to confirm that, apart from the assets you have
5	previously disclosed, and the asset which Co France may
6	represent, you have no other assets; that’s the first
7	matter; yes?
8	The second matter is whether you should now provide,
9	exhibited to an affidavit, various items which should be
10	available and which, though I will be prompted if this
11	is not a complete list, will include the following: the
12	copy bank accounts for the last two years relating to
13	the six accounts at Société Générale to which you have
14	referred; secondly, the accounts in respect of
15	Co France. Given that the bank should have, at minimal
16	cost, the first, and the second you say can be printed
17	off the internet and should be available to you anyway,
18	it does not seem to me that that is a tremendous
19	intrusion, though, of course, I will hear argument to
20	the contrary if you wish to address it to me.
21	I understand, as regards the first, that is to say
22	bank statements, that people are understandably
23	reluctant to display their entire life in financial
24	terms, but you or your lawyer have chosen to identify
25	these accounts and to exhibit extracts and, having done
59 :1	so, and in all fairness, it is right that the entire
2	sequence should be provided, lest for any reason it be
3	suggested that the accounts chosen to be released do not
4	disclose the full and fair picture.
5	I don’t think, as to the second, Co France, you have
6	any objection, and unless and until you say otherwise,
7	I therefore propose to say no more.
8	The affidavit, thirdly, must exhibit the
9	documentation which supports the various charges and
10	taxes which are identified in paragraph 12. Those are
11	the matters on which, if you have comment, I would
12	invite you to comment now, please.
13	MRS ARKHANGELSKAYA: With your permission, I will comment.
14	Obviously, my Lord, all the documents that you have
15	listed we will definitely provide those, absolutely no
16	problem.
17	If you would bear with us, if you could give us at
18	least 10 days, because you have mentioned two years’
19	accounts plus all the bills, and we will be looking at
20	at least 300 pieces of paper, plus our affidavits, so we
21	need time for that. That’s number one.
22	Number two, if I may confirm on behalf of the two of
23	us, in 2012 when we together disclose information with
24	respect to our assets and all our worldwide accounts,
25	nothing has changed since that time. Therefore we will
60 :1	simply be doing what we already did back in 2012, but
2	because your Lordship requires us to do that, we will
3	definitely comply.
4	MR JUSTICE HILDYARD: It is a confirmation —
5	MRS ARKHANGELSKAYA: One other thing, if I may just clarify.
6	MR JUSTICE HILDYARD: Yes. So sorry.
7	MRS ARKHANGELSKAYA: So one other thing, something was said
8	with respect to the 250,000 in Barclays, Mr Lord QC said
9	that we had spent that money. That is not the case: the
10	money had been transferred to Société Générale and that
11	money is part of the 360,000 that we have been
12	discussing for the past two hours, just for the record.
13	One final thing, can I ask a question of Mr Lord QC,
14	without using any legalise, Mr Lord spent quite some
15	time saying that we are not using advocates, even though
16	we do have the resources for that. Can I ask you, sir,
17	personally, you, Mr Lord, we have £250,000, something
18	that people have seen, and something that we will see in
19	our bank accounts. I have a very simple, quick
20	question: the £250,000, how long will that money last
21	for you and your associates to do legal representation?
22	Just for us to understand. How long will that money
23	last to do legal work?
24	MR JUSTICE HILDYARD: As to that, Mrs Arkhangelskaya, the
25	point does not have to be elaborated. I sit in
61 :1	the courts day in, day out. I know how expensive
2	litigation is. That’s the first point.
3	The second point is that this is a formal court
4	process, not a quiz show, and I therefore do not wish to
5	get into that. I have been slightly surprised by one
6	thing that you said —
7	MRS ARKHANGELSKAYA: My apologies, my Lord.
8	MR JUSTICE HILDYARD: — I am slightly surprised, I had
9	understood that the €366,009.78 entirely related to
10	the separate policy with Société Générale and not in any
11	part to the Barclays policy which was transferred or
12	assigned to the Société Générale. Have I misunderstood
13	the position? If I have, I do not think that the lawyer
14	on your behalf has been very clear.
15	What is the value of the policy, in other words,
16	that you seek to use now?
17	MRS ARKHANGELSKAYA: My Lord, as of today, the life
18	assurance policy of €366,009.78, the second policy is
19	€1,500, and I will not be giving you the technical
20	details of where it comes from. When my husband was in
21	prison we had to pay bail. So nothing has changed since
22	2012. We did not have any additional resources
23	available to us, apart from these.
24	MR ARKHANGELSKY: May I also comment? What happens is that
25	Mr Lord tried to pick on what was said by our lawyer in
62 :1	her affidavit —
2	MR LORD: Sorry, my Lord. I don’t want them to
3	inadvertently —I don’t want them to inadvertently
4	mislead the court again, I really don’t —
5	MR ARKHANGELSKY: If I may finish —
6	MR JUSTICE HILDYARD: Hold on one second. I can’t hear you
7	both. Will you hold on one second.
8	Yes, Mr Lord.
9	MR LORD: I think in fairness, the affidavit sworn by
10	Ms Bidault, refers to an affidavit which is in
11	your Lordship’s bundle for today, behind tab 10,
12	paragraph 17, and that identifies the life policies, and
13	if your Lordship were to turn that up, it is at
14	{G1/7/6}.
15	MR JUSTICE HILDYARD: All right. There will come on your
16	screen, I hope —
17	MR LORD: I am anxious that Mrs Arkhangelskaya sees this,
18	because she is talking about policies and values, and
19	this is an affidavit by Mrs Arkhangelskaya, a first
20	affidavit.
21	MR ARKHANGELSKY: Unfortunately I do not have this on my
22	screen.
23	MR LORD: {G1/7/6}, there are the life policies there, I
24	think, set out to which cross reference is made in
25	the overnight affidavit. Your Lordship can see the
63 :1	values that are there said. We had understood
2	your Lordship to be right that the €300,000 plus value
3	in the Société Générale policy is separately and
4	independently generated from whatever is in the Barclays
5	policy. That was our understanding. So if I have put
6	too much stress on the word «most», then I am sorry
7	about that, but that’s how I got at that, and that seems
8	to support the premise that your Lordship is putting to
9	Mrs Arkhangelskaya.
10	MR JUSTICE HILDYARD: Yes. Do you have that document?
11	I don’t think there is a Russian translation of it. Do
12	you want some time just to remind yourself of
13	paragraph 17, which was sworn in April 2012.
14	MR ARKHANGELSKY: My Lord, we have turned up the document.
15	What I would like to say is that Mr Lord has been
16	picking on some wording used by the lawyer. So what it
17	means, actually, is that all the money from the life
18	insurance policy from Barclays, all the money had been
19	transferred to the Société Générale account. Now, from
20	that account, all the money that we have expended, we
21	have been spending only and exclusively within the
22	limits set by the freezing order. Not a single cent has
23	gone anywhere else.
24	What Mrs Bidault says where she says «most» actually
25	does mean that at this point in time we have €8,000
64 :1	sitting on the account, ie not all the money has been
2	expended, but most of the money has been used up, and so
3	Mr Lord’s comment is misconceived.
4	The other important consideration when you formulate
5	your order is this: out of the €75,000 that we are
6	referring to, 15,000 will definitely be used to pay the
7	travel expenses for us and for the witnesses. All the
8	other expenses will be within the limits set by the
9	freezing order. There will be no other expenses over
10	and above those that have been set. Therefore we would
11	like you, if I may, to allow us not to enter into the
12	totally useless correspondence with the Bank which will
13	be of absolutely no avail. They are not cooperative,
14	I am afraid.
15	MR JUSTICE HILDYARD: Right. Well, I wish you to do this
16	affidavit exhibiting these statements, and I wish you to
17	add to that affidavit, by way of confirmation of what
18	you have told me, two things: one is that the entirety,
19	subject to deductions for tax, of the €366,009.78 is
20	referable to the life insurance policy on
21	Mrs Arkhangelskaya’s life with Société Générale referred
22	to in paragraph 8 of Ms Bidault’s affidavit.
23	Secondly, I wish you to confirm that, as regards
24	the other life policy referred to in paragraph 17.3 of
25	your affidavit of 5 April, which was taken out with
65 :1	Barclays but, so I understand, transferred to
2	Société Générale, there remains only €8,000, which
3	amount is held for you at Société Générale.
4	MRS ARKHANGELSKAYA: That is correct, absolutely.
5	MR JUSTICE HILDYARD: I want you to confirm that in
6	an affidavit, please.
7	MR LORD: My Lord, the only other issue would be whether —
8	MRS ARKHANGELSKAYA: My Lord, we will be looking at anywhere
9	between 300 and 400 pieces of paper, including all the
10	invoices, bills, and so on and so forth. 400 pages,
11	photocopies of the various expenses.
12	MR JUSTICE HILDYARD: What I understand my order to require
13	you to do is to obtain from Société Générale copies of
14	your bank accounts. They will undoubtedly charge you
15	something, but they will undertake the task of
16	collation, so that should not be a problem.
17	The problem with respect to Co France’s accounts you
18	have already confirmed to me is not, if I can put it
19	very informally, not a big deal; and the other matters
20	which I have asked you to confirm are to be confirmed in
21	an affidavit and do not require exhibits, except for the
22	matters expressly referred to in paragraph 12, which
23	should not be more than, I would have thought, 10 to
24	12 pages, because they will relate to the rent, they
25	will relate to the taxes, and they will relate to
66 :1	the amounts charged in respect of Co France. Therefore,
2	I do not think that that will be as significant a volume
3	as you suggest for you to collate.
4	MR LORD: My Lord, just one other point: we are proceeding
5	on the basis that there are no other bank accounts than
6	the six Société Générale ones that have been identified
7	in the affidavit. If, in fact, there are other bank
8	accounts that the respondents have —
9	MR ARKHANGELSKY: That is correct. There are no other bank
10	accounts and nothing has changed in terms of our status,
11	as compared with the position that existed at the time
12	we wrote the affidavit.
13	MRS ARKHANGELSKAYA: Let me just add, we provided — we did
14	not provide the total excerpts, we only provided the
15	balances, and, as I mentioned in 2012, it is not six
16	accounts: it’s two personal accounts with some sub
17	accounts within those two accounts, just for the record.
18	We will obviously provide all this. If
19	your Lordship could allow us at least ten days for this
20	amount of work to be done, because we need to find it,
21	we need to scan this, we need to ask the bank to provide
22	that. It is just a question of time, my Lord, but we
23	will definitely comply, we definitely will.
24	MR LORD: My Lord, there is a question here that if, in
25	fact, any other bank accounts have been used by the
67 :1	respondents, that that should be disclosed as well, and
2	bank statements provided.
3	If, in fact, there are none, if, in fact, these are
4	the only accounts, that would be a very simple
5	confirmation, but it should be confirmed as part of
6	the affidavit that the respondents have not used any
7	other bank accounts in the last two years apart from
8	those which they are going to produce the statements
9	for.
10	MR JUSTICE HILDYARD: You are agreeable to that? You must
11	either say that these are the only ones, or if there are
12	any other ones you must disclose what they are and you
13	must disclose the relevant documentation. All right?
14	Now, because this has been a somewhat far-ranging
15	discussion, I will ask RPC, please, once they have had
16	the benefit of the transcript, to set out in writing,
17	addressed to you and to me, the various exercises which
18	I have required, as well as providing a draft consent
19	order, which you may wish also to discuss with
20	Mr Stroilov.
21	That leaves only, I think, two things, one I have
22	not mentioned before and I will come to, but the
23	immediate one is this: how long?
24	Now, I dare say that the indications in the
25	affidavit are that you may not get these statements
68 :1	immediately. Are you agreeable with 10 days?
2	MR LORD: Yes, my Lord, the only point is I would like to
3	have it before I cross-examine in Paris, so I would like
4	to have it really no later than — ideally a week
5	tomorrow, but if that is pushing it, I suppose if it
6	can’t be done — on the Monday morning, I suppose that
7	would be 10 days.
8	MR JUSTICE HILDYARD: We will say by 1.00 pm, Paris time, on
9	the 14th, which is the Monday.
10	MR LORD: The 15th is a Monday, I think, my Lord.
11	MR JUSTICE HILDYARD: I’m sorry, yes, the 15th. Yes.
12	All right then. The question that I had, the only
13	other point I had, is I must say I didn’t really
14	understand paragraph 14 of your lawyer’s affidavit, and
15	I wonder if you could help me or, if not, whether some
16	explanation could in due course be provided. It says:
17	«The bank’s current adviser, Ms Volkanova(?),
18	explained to her that all the necessary formalities for
19	the release of money are accomplished in the agency the
20	same day and that there was no obstacle to releasing
21	money from the policy and, therefore, no freezing order
22	registered in the bank computer system.»
23	I didn’t understand that. It does seem that the
24	freezing order is on the bank computer system, otherwise
25	we would not have the problem.
69 :1	MRS ARKHANGELSKAYA: I’m happy to explain, my Lord.
2	MR JUSTICE HILDYARD: Do you understand that? Yes.
3	MRS ARKHANGELSKAYA: I spoke with my client adviser, bank
4	employee, or clerk. We drew up a document and I have
5	disclosed a scan of this document. This is the last
6	page of the exhibits to the affidavit, the last page of
7	the annexes.
8	Now, Mrs Volkanova merely drew this piece of paper
9	up and she entered the necessary data into the computer.
10	Then I understood the day before yesterday, the bank
11	employee spoke with the head office in Paris, spoke with
12	the people who are in charge of Assurance Vie life
13	insurance. That information went to Paris and the head
14	office did not allow that money to be credited to my
15	current account.
16	MR ARKHANGELSKY: But from what Mrs Volkanova told us, as of
17	the 12th when she was drawing this up, there were no
18	encumbrances, there were no constraints, no limits. We
19	have this piece of paper in front of us and this was
20	signed by the bank so they simply had to process this.
21	The only problem is realising the money takes
22	between two and four weeks depending on where the bank
23	had actually invested those funds, and the bank usually
24	does not allow us to have copies of these documents if
25	there are some encumbrances or freezing orders. This is
70 :1	a formal piece of paper signed by the bank which says
2	that the sale of part of the insurance policy has
3	actually been processed by the bank.
4	MR JUSTICE HILDYARD: Well, I am not sure I fully follow,
5	but lest Société Générale be in any doubt, whether at
6	head office or at local level, the freezing order of
7	2012 continues in full force and effect, subject only to
8	the consent order which is to be agreed to enable the
9	payment of the 75,000. I cannot determine what their
10	computer systems are, but it would be a source of
11	concern to me if they were at any level, as I say,
12	whether at head office or branch or at any other level,
13	not registering the English freezing order which, as
14	I understand it, is required to be given effect in
15	France as well as here.
16	MR LORD: My Lord, can I just pick up on that?
17	Your Lordship is right on paragraph 14, but if one looks
18	at 14 through to 17, and particularly in the light of
19	what Mrs Arkhangelskaya has just told your Lordship —
20	MR JUSTICE HILDYARD: Yes.
21	MR LORD: — it seems to be the position that at local
22	level, that a certain operative at Société Générale
23	seems to have agreed a certain position as to money
24	disbursements, and when this person left, the successor
25	person didn’t think that that was actually going to be
71 :1	permissible under the injunction. So it does — these
2	paragraphs do call for some explanation, because one
3	wouldn’t have expected that degree of uncertainty, shall
4	I put it neutrally at the moment. If Mr Arkhangelsky
5	has been speaking to a local bank representative and
6	a certain position has been taken on whether a freezing
7	injunction applies, then that is something that calls
8	for explanation, and that should be covered in
9	the affidavit.
10	MR JUSTICE HILDYARD: We will examine this when we have had
11	the full run of accounting information, because I think
12	that that will provide the proof of any pudding which is
13	required.
14	But I say, as clearly as I hope I can, that whether
15	at head office level, local level, branch level or
16	otherwise, the English order is in force, the English
17	freezing order is in force, it is subject only to
18	the exceptions to which reference is made within that
19	order, and to the consent order which is to be agreed
20	pursuant to today’s hearing, and I do not expect
21	a difference of view such as has been intimated may be
22	adopted at local level to affect or deprive the English
23	order of the substantive effect which France accords to
24	it.
25	Yes. Mr and Mrs Arkhangelsky, I’m grateful to you.
72 :1	I’m sorry that in the way I approached it I initially
2	seemed to have encouraged a great deal of emotion. I am
3	glad that that has been largely dispelled. I hope that
4	this will enable you to cover the expenses which you are
5	required to cover, and I leave all further comment and
6	matters to any other issues which they relate to at some
7	subsequent time, but not today.
8	I am grateful to you for your attendance, and I hope
9	the feed was sufficient in terms of enabling you to
10	understand what was going on.
11	MR LORD: My Lord, I see the time. There are, obviously,
12	some other items of housekeeping. That was obviously
13	the main point, but there are some other items on this
14	list.
15	MR JUSTICE HILDYARD: Yes. Are these matters which are best
16	dealt with with Mr Stroilov, or are they matters which
17	you wish to address, and feel it right to address, now?
18	MR LORD: Well, number 2 I think has probably been —
19	I think number 2 is probably something that could be
20	tacked onto the order without further argument, I would
21	hope. Does your Lordship have the aide-memoire?
22	Number 2 is the breakdown for the expenses, but I think
23	your Lordship has in mind some sort of validation
24	process that would pick that up, but that was the
25	expenses for Paris.
73 :1	MR JUSTICE HILDYARD: Well, they have gone from 15,000 to
2	17,000, and I think probably you need to show some small
3	description of how that is.
4	MR LORD: So, my Lord, I think 2 doesn’t need to trouble
5	your Lordship.
6	MR JUSTICE HILDYARD: No.
7	MR LORD: 3 —
8	MR ARKHANGELSKY: Your Lordship, I have provided all the
9	description in the maximum available form this morning.
10	MR JUSTICE HILDYARD: Okay, well I think Mr Lord is not
11	asking me to do anything further.
12	MR LORD: 3, my Lord, is the protocol, and Mr Stroilov made
13	a couple of points by his e-mail. That may be
14	something, I think your Lordship has rightly observed,
15	that has to be picked up with him. I was conscious that
16	your Lordship wanted this cleared away for good order,
17	but I am sure it could be deferred to next week.
18	4 was the pleading point. Well, your Lordship will
19	recollect what was said on the Thursday and Friday.
20	MR JUSTICE HILDYARD: The thing is, he doesn’t quite —
21	Mr Stroilov doesn’t quite agree with every aspect of
22	your letter and I think you will have to leave that to
23	him.
24	MR LORD: Yes, I see that, my Lord, so that’s one to be
25	deferred.
74 :1	Number 5. My Lord, the only question on 5 is that
2	time is ticking, in terms of getting material out of
3	various sources. We would not want to be told that
4	actually when various witnesses come to be
5	cross-examined that actually it is too late, and now
6	everyone agrees that this should be in play, it is too
7	late to get it in play. I don’t know whether the
8	defendants can help with that. We are told that
9	Mr Nazarov is just not assisting, and it is —
10	MR ARKHANGELSKY: I am very sorry, what document is being
11	discussed currently? We do not quite understand.
12	MR JUSTICE HILDYARD: Was this not sent?
13	MR ARKHANGELSKY: Which document is being discussed?
14	MR LORD: It was sent last night, actually, sorry, it is my
15	fault. It is the aide-memoire. I think it was sent by
16	e-mail to you last night.
17	MR ARKHANGELSKY: My Lord, unfortunately I haven’t received
18	anything last night. Perhaps it was sent in the middle
19	of the night. Unfortunately I haven’t read this
20	document and could I please be released from discussion
21	so as not to have any bias. Unfortunately I haven’t
22	read such a document, I wouldn’t be able to comment
23	thereupon. Could that please be deferred until Monday
24	when Mr Stroilov will be in court?
25	MR LORD: {I21/28/4}.
75 :1	MR JUSTICE HILDYARD: They say they haven’t read it. I’m
2	going to leave it there. I’m going to allow Mr Stroilov
3	to readdress this. I’m going to say this, though: that
4	my understanding is that Mr Nazarov was, and possibly
5	is, your Russian lawyer.
6	MR LORD: And a witness coming —
7	MR JUSTICE HILDYARD: And he is to attend to be
8	cross-examined. I know that I am told that he is a busy
9	man. That probably is a description which applies to
10	pretty much everyone involved in the case. If he wishes
11	to assist the court, he really must provide these
12	documents in good time for him to be questioned
13	properly, and for him to be able to provide good and
14	complete answers.
15	MR LORD: My Lord, the only other point really I would ask
16	your Lordship to flag up, this will take a minute —
17	MR ARKHANGELSKY: My Lord, we employ all the efforts, we and
18	Mr Stroilov, in order for Mr Nazarov to submit these
19	documents, and we endeavour to do our utmost for him to
20	come to London and to be cross-examined. We do
21	everything within our powers, and if necessary,
22	Mr Stroilov will provide all the correspondence
23	available; we just have to understand that Mr Nazarov
24	hasn’t been receiving any payment for many years for his
25	efforts, and therefore his priorities are given to his
76 :1	family and his current work. He has a young child,
2	recently they had a new baby, and his wife doesn’t work,
3	I hope you understand that; and we, on our part, employ
4	all the possible efforts because it is in our interests
5	for him to come and provide the documents and his
6	evidence, without a doubt.
7	MR JUSTICE HILDYARD: I understand that, but that is partly
8	my reason for expressing it in this way. I do not
9	attach blame to you in this. I don’t exonerate anybody.
10	I just say, so that Mr Nazarov can, if necessary, be
11	shown a copy and translation of the transcript, that as
12	he has — and I welcome this — agreed to attend as
13	a witness and as he has been giving you advice in
14	the past, the court would ask him expressly to make
15	available these documents as soon as possible and before
16	he goes into the witness box.
17	MR LORD: And, my Lord, it appears to be Mr Arkhangelsky is
18	offering to provide the correspondence. That would be
19	of some reassurance. And, secondly, to confirm that
20	Mr Nazarov has been sent — because this is at least the
21	second, if not the third time, your Lordship has given
22	this direction — to show that this direction has been
23	passed on, it would be a question of printing off the
24	page in the transcript —
25	MR JUSTICE HILDYARD: I will not make a direction for the
77 :1	production of this correspondence, but the defendants
2	may very well think that they should provide it in order
3	to explain why he is not, if he continues not, to
4	provide the documents. I will leave it to them to
5	discuss. I shall not make a direction. It is really
6	a matter for them.
7	MR LORD: Very well, my Lord.
8	Then item 6 were the questions about the mirror
9	companies and about City Centre, and I am sure the
10	message got through, but I can’t remember whether
11	Mr Arkhangelsky was — I think he was present last week,
12	I can’t remember though, when your Lordship indicated —
13	I think he had gone, it was in the afternoon, actually,
14	I think that’s right, he was there for the morning but
15	not the afternoon.
16	MR JUSTICE HILDYARD: Perhaps the thing to do, Mr Lord,
17	Mr Arkhangelsky, is for you to be directed to the part
18	of the transcript, whether you were there or whether you
19	were not there, where these mirror companies were
20	discussed and where it was agreed or directed that
21	details be provided with the request from me that they
22	should now be provided, the details which were
23	identified, without further delay.
24	MR LORD: And your Lordship indicated that you wouldn’t
25	order it, but you would hope it would be provided and it
78 :1	may be in the Arkhangelskys’ interests to provide that
2	information in a written form.
3	So, provided that message has gone home —
4	MR JUSTICE HILDYARD: I remember it now. I’m sorry. I am
5	not making a direction now either, but I think
6	Mr Stroilov suggested that this be a matter which might
7	usefully be done in cross-examination or in
8	examination-in-chief. My suggestion was that it might
9	be better from your point of view to have explained it
10	in a careful and considered way rather than have to
11	cover it all in examination, and I still think that that
12	is likely to be in your interests, although, of course,
13	I leave it to you. I do not make a direction.
14	But the request has been made, and if it is not
15	fulfilled, that will be a matter of comment, you may be
16	sure.
17	MR LORD: Also, my Lord, I suppose almost my greater concern
18	is that when I get to cross-examine Mr Arkhangelsky,
19	that he has acquainted himself with these questions and
20	these documents, which are all his own accounts and so
21	on, so that we can proceed with dispatch of
22	the questioning, and I am not told, your Lordship is not
23	told, that he has not had time to look at this, because
24	we are giving him some warning, because some of these
25	points, you need to look at the accounts and therefore
79 :1	many weeks are going by now and I am conscious that for
2	Paris to be effective, we need to make good progress,
3	and therefore —
4	MR JUSTICE HILDYARD: I’m not going to say any more than
5	this: that as I remarked on the previous occasion, you
6	are to be examined and one of the subjects on which you
7	are to be examined has been identified for you so that
8	you can prepare yourself properly. That’s an advantage
9	to you to have it identified for you, but of course it
10	does give you the responsibility of doing your homework
11	in this regard.
12	MR LORD: My Lord, there is one other final point.
13	(Handed).
14	My Lord, the translators, I think, are anxious to
15	show that there was not a mistranslation yesterday. The
16	witness in fact may have misspoken, I think there was
17	a general agreement — sorry, my Lord, it was the point
18	about the guarantee or pledge. I am sorry my Lord, it
19	is my fault, I am being too quick.
20	Upon re-listening to the audio the translators are
21	happy that — well, the words that were used were as
22	they are —
23	MR JUSTICE HILDYARD: That is might have been misspoken.
24	MR LORD: — and in fact, it was more likely — it’s not
25	them now, it is me saying, it appears to be the witness
80 :1	may have used the wrong word, but obviously context is
2	not for the interpreters, so they are reasonably happy
3	that they have translated it faithfully and they are
4	anxious that the record doesn’t show that they have made
5	a mistake, and that the transcription record is as they
6	think it should be transcribed, even if the answer may
7	not have been exactly right as the witness gave it.
8	MR JUSTICE HILDYARD: I don’t know whether this has been
9	circulated to the other side?
10	MR LORD: It has, yes.
11	MR JUSTICE HILDYARD: There we are, subject to anything that
12	Mr and Mrs Arkhangelsky wish to comment on points just
13	raised, that leaves only the question of the continued
14	chatter about this case. I will not say anything more
15	about that since it appears to have emanated from
16	Mr Stroilov. Of course people can comment on a case,
17	but when they do so, they have to deploy such care,
18	given that the matter is sub judice, that most people
19	prefer not to. So it is a great big red flag that I am
20	raising.
21	MR LORD: Thank you, my Lord.
22	MR JUSTICE HILDYARD: Right, Mr and Mrs Arkhangelsky, is
23	there anything further you wish me to understand at the
24	moment relating to what Mr Lord has been speaking about?
25	MR ARKHANGELSKY: Yes, my Lord, if I may, to spend two brief
81 :1	couple of minutes. I would like to comment upon my
2	acquaintances and friends commenting on the case in
3	the UK.
4	Firstly, indeed I have organised a press service.
5	My old friend Natalya Khmelik who, indeed, is the mother
6	of Pavel Stroilov, but was not connected to him in any
7	way in current life, she lives in Israel. She follows
8	the painstaking work of her son, and offered me, purely
9	pro bono, without payment, to assist me in sorting out
10	the transcripts of the hearings and being
11	a professional, she is a very professional journalist
12	known in Russia, to make professional press releases in
13	the form that she sees fit.
14	Taking into account your comments, and also absence
15	of time, my time and Mr Stroilov’s, we cannot answer any
16	journalists’ requests with him. Therefore we have asked
17	anyone who follows my fate, anyone who follows this
18	case, to address any issues to a known professional
19	qualified journalist, Mrs Natalya Khmelik.
20	Of course there were complaints that — of course,
21	taking into account the fact that on the part of
22	the Bank there were complaints that I was too emotional
23	in my approach, and formulate my words too emotionally,
24	therefore I, having heeded your order and your advice,
25	my Lord, I have completely stopped any communication
82 :1	with journalists and my valuations of the case, and
2	I asked a professional journalist who is well known in
3	Russia and abroad to read the transcripts, and should
4	she deem that it is possible to formulate and
5	communicate to the public certain things, for her to do
6	so.
7	As far as I understand, the essence of the case, the
8	case is heard in open, and the comments on the case, the
9	coverage of the case, is only welcome.
10	Just before the hearing I had a call from a business
11	novosti(?) agency in St Petersburg, a journalist who
12	follows the case and publishes a lot on the case, and he
13	said that in Russia journalists of the publication are
14	intimidated by the police and the Bank of St Petersburg,
15	because everyone understands that this case touches upon
16	not just Mr Savelyev and the Bank, but the first persons
17	in the State.
18	My Lord is aware that we offered mediation to
19	the Bank —
20	MR JUSTICE HILDYARD: Yes, we are now going beyond, I think,
21	anything which is necessary.
22	MR ARKHANGELSKY: In principle, that would be all I wanted
23	to say.
24	MR JUSTICE HILDYARD: Yes, I am grateful to you.
25	You are quite right, Mr Arkhangelsky: these are
83 :1	proceedings in open court. What people decide to say
2	about them, subject, obviously, to rules of defamation,
3	are what they decide to say about them.
4	It is not impermissible, as I understand it, and if
5	I am wrong I would want to be corrected, provided the
6	court knows it is happening, even for transcripts to be
7	made available, and that is a growing practice, but only
8	with the permission of the court if the court’s own
9	services are being deployed.
10	It is an awkward matter if you are in connection
11	with people who are speaking on your behalf, lest they
12	say things which are considered not right to be said
13	when a matter is sub judice, so they proceed at their
14	own peril.
15	So far as Mr Stroilov’s mother is concerned, she may
16	feel in a particular difficulty, lest she cause
17	embarrassment to her son, but I must leave it at that.
18	MR LORD: My Lord, just one point. We understood that
19	a radio interview was given yesterday.
20	MR JUSTICE HILDYARD: Right.
21	MR LORD: The last answer seemed to imply that nothing had
22	been done by him except through Mr Stroilov’s mother.
23	Again, if I am wrong, I will be corrected, but if he did
24	give a radio interview yesterday, then the last
25	submission really should be qualified in that regard.
84 :1	MR JUSTICE HILDYARD: Yes, but, Mr Lord, I don’t want to be
2	seen implicitly or otherwise —
3	MR ARKHANGELSKY: My Lord, my Lord —
4	MR LORD: I’m not at all — I didn’t ask your Lordship to
5	make any directions. Mr Arkhangelsky will say what he
6	says and there will be the laws of defamation,
7	your Lordship is right, but I do think it is appropriate
8	to draw your Lordship’s question to that when questions
9	of conduct and resource are being debated, whether
10	people have a spare minute to do anything else other
11	than eat a boiled egg and get on with their
12	cross-examination notes, if you are giving radio
13	interviews and you are mounting PR — you are doing
14	collages of the characters in the thing on your own
15	website and so on, that’s coming down the line. I’m
16	going to be asking this witness about all of that.
17	He can do what he likes really, but whether I think it
18	appropriate or not is irrelevant. It may not really be
19	appropriate but it is not unlawful, but it is right that
20	he knows, your Lordship knows as the trial judge, that’s
21	going on, apprised of it for case management factors,
22	not any muzzling purposes —
23	MR JUSTICE HILDYARD: Well, there you are. There is the
24	warning. I am not going to say any more about it.
25	MR LORD: Thank you, my Lord.
85 :1	MR JUSTICE HILDYARD: Mr and Mrs Arkhangelsky, anything
2	else?
3	MR ARKHANGELSKY: We are very grateful, my Lord, for quite
4	a productive proceedings today. This is our first
5	experience of being litigants in person. We are very
6	grateful.
7	MR JUSTICE HILDYARD: Not at all. Thank you for attending.
8	Now, Monday, we are not sitting tomorrow.
9	MR LORD: No.
10	MR JUSTICE HILDYARD: Some homework can be done in the
11	meantime. I am assuming we will start with the witness,
12	10.30 on Monday, with Mr Guz. If there were any change
13	in that, I would want to be told as soon as possible.
14	MR LORD: Yes, my Lord.
15	MR JUSTICE HILDYARD: I should mention one thing, which is
16	it is likely, during the course of next week, that
17	I have to hear another matter for an hour, which I will
18	have listed at 9.30 am, and which I will hope to
19	conclude by 10.30 am. That may, nevertheless, lead to
20	some delay, because of the transcribers having to get
21	everything fitted up.
22	So I just give you warning: as soon as we know the
23	day, we will let you know. If we can slot it into
24	a break day that will be better, but I have not yet
25	heard whether that break day will be after Mr Guz or on
86 :1	the Friday, and it would greatly assist me — and I make
2	this point from Mr Stroilov’s point of view — my clerk
3	has provided the obvious solution, which I should have
4	thought of, which is we will do this in another court so
5	as not to discombobulate you.
6	MR LORD: My Lord, can the listing — it maybe has to be
7	done sooner this, but of course we will know better by
8	Monday at 2.00, let’s say, what Mr Stroilov plans and
9	whether we might finish such that the slot will be on
10	Wednesday —
11	MR JUSTICE HILDYARD: If it can be on a day where we are not
12	sitting in this case, that would be nicer for everybody,
13	but it may be that counsel’s availability militates
14	against that.
16	MR JUSTICE HILDYARD: I am very grateful for your
17	attendance, everybody. Thank you very much.
18	(1.23 pm)
19	(The court adjourned until 10.30 am on
20	Monday, 8 February 2016)
87	:1
88	:1
Housekeeping	1
adopted71:22
45:25 61:24 67:19
54:20 84:7 84:18
$	adumbrated, ( 2 ) 47:18
78:17 81:14
alter29:25
approve,48:12
advantage79:8
alternative5:1
approved48:13
$70024:16
advice ( 4 ) 8:10 8:23
although ( 4 ) 5:18
approximate ( 2 ) 4:19
76:13 81:24
44:18 47:18 78:12
—	advisedly54:5
always45:10
Approximately, ( 2 )
adviser, ( 2 ) 68:17 69:3
Ameli, ( 4 ) 14:4 28:14
17:1 53:19
—I62:3
advocacy51:5
33:5 40:12
April, ( 3 ) 35:16 63:13
advocates,60:15
ameliorating3:14
A	affect ( 2 ) 44:21 71:22
amongst ( 2 ) 25:18
archive,57:1
affects43:20
argument ( 2 ) 58:19
affidavit ( 47 ) 3:3 9:5
amount ( 22 ) 11:17
above ( 2 ) 32:19 64:10
9:14 10:23 11:8 12:4
13:23 14:6 14:16 17:9
arise. ( 4 ) 3:6 10:12
12:6 12:7 13:18 23:11
17:11 17:12 17:18
42:20 48:18
abroad82:3
30:16 30:23 33:6 35:5
17:21 19:14 20:11
arises ( 2 ) 27:4 44:6
absence ( 2 ) 4:11 81:14
42:21 43:7 44:3 49:16
22:13 24:1 32:22 35:8
arising ( 3 ) 11:8 50:22
absolutely ( 14 ) 11:22
50:12 51:1 51:10
35:18 36:20 36:22
12:12 12:17 17:24
52:16 53:9 53:20
41:8 54:7 65:3 66:20
Arkhangelskaya ( 41 )
21:21 26:20 34:9 38:5
55:16 57:18 58:9 59:8
amounts ( 10 ) 19:18
5:7 5:13 5:19 6:10
39:24 42:11 46:13
62:1 62:9 62:10 62:19
19:23 22:4 27:20 28:6
12:22 13:2 14:15
59:15 64:13 65:4
62:20 62:25 64:16
28:8 39:3 39:24 42:5
15:25 16:21 17:15
absorb9:25
64:17 64:22 64:25
35:15 36:13 36:21
accept ( 5 ) 28:21 43:17
65:6 65:21 66:7 66:12
analysis30:22
36:23 37:2 37:6 37:9
46:19 51:8 53:1
67:6 67:25 68:14 69:6
Ancillary45:8
37:16 45:22 46:13
accepted28:22
and/or54:1
46:21 47:13 53:12
accepting32:6
affidavits ( 3 ) 51:1
annexes.69:7
57:10 57:19 57:24
accomplished68:19
55:16 59:20
another ( 4 ) 27:3 34:22
59:13 60:5 60:7 60:24
accordance ( 3 ) 11:24
afford ( 5 ) 23:18 24:20
85:17 86:4
61:7 61:17 62:17
13:8 13:15
25:7 39:11 40:19
answer ( 4 ) 27:16 80:6
62:19 63:9 65:4 65:8
according ( 2 ) 5:11
afraid ( 7 ) 23:15 26:9
81:15 83:21
66:13 69:1 69:3 70:19
31:2 34:22 45:2 51:10
answered.27:18
Arkhangelskaya’s ( 2 )
accords71:23
answers.75:14
12:6 64:21
account, ( 13 ) 13:6
after ( 5 ) 16:20 17:12
anticipated48:18
Arkhangelsky. ( 81 )
17:14 17:24 19:11
35:13 46:11 85:25
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aftermath,48:10
45:23 62:17 79:14
3:19 3:23 4:5 4:21
63:19 63:20 64:1
afternoon, ( 2 ) 77:13
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69:15 81:14 81:21
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Anyone ( 3 ) 32:24
12:12 12:17 12:23
accounting ( 2 ) 50:20
36:8 46:20 47:19
81:17 81:17
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51:25 62:4 83:23
anything ( 15 ) 15:24
17:1 17:6 17:20 18:21
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18:14 21:17 39:23
19:4 21:1 21:18 23:18
30:24 38:2 38:5 38:8
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38:9 38:10 38:13
73:11 74:18 80:11
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80:14 80:23 82:21
40:9 40:15 40:20 42:6
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anywhere ( 4 ) 35:21
56:10 57:9 61:24 62:5
65:14 65:17 66:5 66:8
66:10 66:16 66:16
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69:16 71:4 71:25 73:8
66:17 66:17 66:25
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75:17 76:17 77:11
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52:5 70:8 70:23 71:19
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76:12 77:20
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82:25 84:3 84:5 85:1
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accusations ( 2 ) 33:7
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agrees74:6
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allegation19:5
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29:5 29:12 35:17
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allegations34:21
application ( 3 ) 5:20
arrangements51:6
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alleged ( 2 ) 42:24 43:17
28:4 52:5
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actual ( 2 ) 39:3 47:11
allow ( 7 ) 55:1 57:19
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arrive ( 2 ) 37:22 41:4
additional ( 4 ) 51:11
64:11 66:19 69:14
71:7 75:9
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52:2 53:3 61:22
69:24 75:2
apply ( 2 ) 8:22 51:22
articles7:5
address ( 7 ) 32:14
allowed ( 2 ) 24:16
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appointment36:2
ascertained40:18
72:17 72:17 81:18
allows ( 2 ) 20:16 24:14
apprised84:21
ascribed25:19
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approach. ( 2 ) 11:6
18:7 49:1 49:7 53:12
adds29:5
31:12 44:12 57:21
57:7 60:13 60:16
adept43:18
60:1 65:18
approached72:1
66:21 67:15 75:15
adjourned86:19
also ( 20 ) 1:15 2:15 3:3
appropriate ( 11 ) 9:22
76:14 84:4
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administration,22:12
14:24 17:20 19:9 27:9
49:15 50:25 51:4
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81:16 82:2
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aspect ( 2 ) 10:1 73:21 aspects. ( 2 ) 10:5 22:5 asset ( 7 ) 21:24 23:17 25:15 27:9 30:19
54:21 58:5
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75:11 81:9 86:1 assistance56:17 assisting,74:9 associates ( 2 ) 22:20
assume, ( 3 ) 3:19 3:21 53:20
assumed, ( 2 ) 25:22 25:23
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61:18 69:12
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attend ( 4 ) 40:19 56:10 75:7 76:12
attendance ( 4 ) 5:12 44:20 72:8 86:17
attending.85:7 attention. ( 7 ) 7:4 14:11
14:11 14:24 33:17 38:15 38:22
attest55:18 attitude,34:23 audience28:25 audio79:20 avail.64:13 availability86:13 available ( 17 ) 2:13
10:2 10:17 10:22 24:2 24:9 42:23 45:5 48:15 50:21 58:10 58:17 61:23 73:9 75:23 76:15 83:7
avoid ( 2 ) 5:24 42:8 await34:21 aware82:18
away, ( 5 ) 21:4 21:4 33:11 49:10 73:16
awful10:20 awkward83:10
baby,76:2
back ( 7 ) 4:22 10:11 15:4 18:21 22:19 23:22 60:1
back-up54:9 bail.61:21 balance39:3 balances,66:15
Bank ( 51 ) 15:12 17:7 17:16 17:21 18:1 18:25 20:25 24:15 30:24 34:9 35:21 35:25 40:3 46:18 46:25 47:22 48:17
50:4 50:17 51:3 54:11 54:21 54:23 55:19 58:12 58:15 58:22 60:19 64:12 65:14 66:5 66:7 66:9 66:21 66:25 67:2 67:7 68:22 68:24 69:3 69:10 69:20 69:22 69:23 70:1 70:3 71:5 81:22 82:14 82:16 82:19
Bank’s ( 2 )47:20 68:17 banks ( 2 ) 12:24 55:7
Barclay’s11:23
Barclays ( 10 ) 2:3 9:4
11:20 53:11 53:13 60:8 61:11 63:4 63:18 65:1
barristers’40:5
basis ( 10 ) 6:18 17:19 18:8 36:23 37:3 42:22 46:18 50:11 55:2 66:5
bear ( 3 ) 5:5 55:8 59:17 bearing28:24 become48:14
before ( 13 ) 6:22 8:11 9:8 9:20 20:16 35:20 47:6 47:6 67:22 68:3 69:10 76:15 82:10
beginning30:6 begs ( 4 ) 20:9 20:19
53:23 55:22
behalf ( 9 ) 9:14 15:11 41:1 55:4 55:17 58:3 59:22 61:14 83:11
behind ( 4 ) 2:8 22:23 48:4 62:11
Belief47:2
believe ( 4 ) 33:16 40:2 42:7 46:24
belittling56:5 belongs12:23
benefit ( 2 ) 57:14 67:16 bereft28:23
best ( 2 ) 48:24 72:15 better ( 6 ) 4:10 5:20
45:12 78:9 85:24 86:7 between ( 6 ) 35:22 36:9
47:8 56:7 65:9 69:22 beyond ( 4 ) 1:24 34:17
56:25 82:20 bias.74:21
Bidault, ( 7 ) 3:6 13:13 17:7 57:18 58:3 62:10 63:24
Bidault’s64:22
big ( 2 ) 65:19 80:19 biggest ( 2 ) 36:16
bills ( 4 ) 20:4 23:6 59:19 65:10
BIRT: ( 2 ) 4:11 6:6 bit, ( 6 ) 2:2 2:25 14:7
18:8 34:25 43:13 blame76:9 blighted12:9 block19:1 blocked ( 2 ) 17:19
17:21 blurry23:23 body29:6 boiled84:11
bono, ( 3 ) 40:15 40:18 81:9
both ( 6 ) 8:14 22:5 34:13 51:7 55:16 62:7
bottom ( 3 ) 10:25 11:4 56:13
bound39:7 box.76:16
branch ( 2 ) 70:12 71:15 breach2:17
break ( 2 ) 85:24 85:25
chase ( 2 ) 2:2 9:9
complain39:13
continued ( 2 ) 24:7
breakdown ( 9 ) 16:4
chatter80:14
complained43:1
16:8 16:13 18:19
cheaper13:20
complaint ( 4 ) 18:20
continues ( 2 ) 70:7
18:19 18:22 47:23
check46:7
43:8 51:25 56:21
47:24 72:22
checking ( 2 ) 17:14
complaints ( 5 ) 43:22
contrary58:20
breakdowns7:17
44:24 57:2 81:20
contributions.33:3
brief ( 2 ) 43:4 80:25
child,76:1
controlled28:9
briefly3:8
children ( 7 ) 14:19
complete ( 3 ) 50:11
conversion17:4
bring33:17
15:10 34:4 34:5 37:19
58:11 75:14
convoluted45:1
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37:25 39:19
completely ( 6 ) 4:20
cooperate45:10
broad19:11
choice: ( 6 ) 39:21
14:13 15:1 17:10
cooperative,64:13
broadly41:24
39:21 39:22 43:5
33:14 81:25
copies ( 2 ) 65:13 69:24
budget ( 2 ) 36:15 40:6
44:19 52:8
completeness, ( 2 )	copy ( 2 ) 58:12 76:11
builds48:21
choices ( 3 ) 44:18
6:21 7:3
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Bulgaria,33:19
44:19 51:13
comply ( 3 ) 34:10 60:3
correct, ( 4 ) 11:22
bundle ( 4 ) 1:15 1:18	chosen ( 4 ) 39:14 43:3
12:12 65:4 66:9
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58:24 59:3
comprehensive47:5
corrected, ( 2 ) 83:5
burden ( 4 ) 23:25 27:19
circle10:11
computer ( 4 ) 68:22
29:25 43:21
circulated80:9
68:24 69:9 70:10
correspondence ( 6 )
burdensome ( 2 ) 55:21
circumstances6:13
concern ( 14 ) 3:12
19:16 48:12 64:12
City ( 3 ) 27:11 27:22
19:12 23:9 23:10
75:22 76:18 77:1
bureaucratic49:2
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cost ( 3 ) 14:7 40:18
business ( 6 ) 7:9 15:1
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35:6 42:21 51:10 54:6
20:8 37:21 56:11
clarification ( 2 ) 6:14
56:21 70:11 78:17
costs. ( 3 ) 16:6 22:11
concerned. ( 6 ) 2:7
businesses.56:4
clarify ( 4 ) 16:17 18:5
25:1 31:15 32:11
counsel ( 4 ) 40:5 43:4
busy ( 2 ) 49:2 75:8
37:2 60:5
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clarifying19:22
concerns. ( 13 ) 3:15
counsel’s86:13
BVI,33:19
clarity,17:2
9:12 11:2 11:7 18:12
counterclaim ( 3 ) 22:6
clean48:1
27:23 30:3 32:15
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C	clear, ( 9 ) 8:15 8:17
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counterclaimant55:17
18:7 22:9 30:6 30:11
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calculate15:17
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conclude85:19
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conclusion ( 2 ) 29:7
30:17 42:23 42:25
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36:15 73:13 81:1
24:20 26:23 50:14
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conduct ( 5 ) 43:21
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56:10 62:6 68:6 77:10
client’s28:18
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clients ( 7 ) 9:24 15:2
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candle. ( 2 ) 22:14 23:5
32:11 44:2
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68:16 78:12 79:9
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59:22 64:23 65:5
80:16 81:20 81:20
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65:20 76:19
85:16 86:7
70:9 81:15
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confirmation ( 3 ) 60:4
court’s ( 5 )14:10 17:19
cap33:24
collages84:14
64:17 67:5
38:15 44:21 83:8
capability50:21
collate ( 2 ) 1:19 66:3
confirmed ( 3 ) 65:18
courts ( 2 ) 48:22 61:1
capacity50:20
collation,65:16
65:20 67:5
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come ( 10 ) 7:7 8:13
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44:7 72:4 72:5 78:11
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15:4 36:3 49:22 62:15
coverage82:9
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67:22 74:4 75:20 76:5
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careful ( 2 ) 46:11 78:10
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48:7 49:10 52:20
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consequence ( 2 ) 4:20
criticising ( 2 ) 45:11
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Centre. ( 3 ) 27:11 27:22
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consequent10:14
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80:12 80:16 81:1
consider ( 2 ) 9:22
78:7 84:12
certain ( 12 ) 3:6 10:9
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cross-examine ( 2 )
16:6 28:6 34:9 34:19
commenting81:2
considerable56:16
68:3 78:18
38:22 47:22 70:22
comments ( 3 ) 51:19
consideration, ( 2 )	cross-examined ( 3 )
70:23 71:6 82:5
81:14 82:8
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74:5 75:8 75:20
cetera,37:25
commercial33:18
considerations35:3
cross-examiner43:25
CFA ( 2 ) 52:6 52:6
commitments56:11
considered ( 3 ) 15:9
«cry45:15
chances15:3
communicate82:5
78:10 83:12
cumulative38:19
change ( 2 ) 32:21
communicates12:24
constant42:25
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communication ( 3 )	constraints,69:18
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changed. ( 4 ) 19:4
7:15 7:17 81:25
construed ( 2 ) 8:17
68:17 69:15 76:1 81:7
59:25 61:21 66:10
companies ( 3 ) 27:10
currently ( 5 ) 7:1 15:1
changing36:25
77:9 77:19
contact, ( 2 ) 7:13 8:1
15:1 15:16 74:11
characterisation30:9
company ( 4 ) 20:25
contained12:5
cut ( 3 ) 2:2 9:9 37:24
characters84:14
27:22 40:25 41:5
contains19:20
cuts51:7
charge ( 2 ) 65:14 69:12
compared ( 2 ) 22:3
context80:1
charged66:1
continue,44:25
charges59:9
compartment,49:14
daily, ( 3 ) 24:11 33:4 37:24
dare ( 2 ) 47:15 67:24 data69:9
date10:11 dates38:8
day, ( 17 ) 9:13 13:4 25:8 26:1 27:3 27:7 34:22 37:10 46:24 61:1 61:1 68:20 69:10 85:23 85:24 85:25 86:11
days, ( 5 ) 20:15 59:18 66:19 68:1 68:7
deal ( 7 ) 1:9 10:11 11:9 30:3 30:18 65:19 72:2
dealing ( 4 ) 37:19 51:19 53:10 53:13
dealt ( 3 ) 42:14 46:17 72:16
debated,84:9
decide ( 3 ) 2:20 83:1 83:3
decided.57:22 deductions64:19 deem82:4 defamation, ( 2 ) 83:2
84:6 defeated23:7
defendants’ ( 10 )7:21 25:4 26:18 28:12 29:18 47:25 50:21 56:16 74:8 77:1
defer,4:10 deferred ( 3 ) 73:17
73:25 74:23 deficiency42:24 definitely ( 6 ) 35:17
59:15 60:3 64:6 66:23 66:23
defrayed,10:10 degree71:3
delay, ( 3 ) 3:13 77:23 85:20
delayed37:11 demands41:8 demonstrated ( 2 ) 29:8
depending ( 2 ) 17:23 69:22
depends26:2 deploy80:17 deployed ( 4 ) 51:11
52:2 52:9 83:9 deployment2:18 deponent53:10 deprive71:22 derail19:3 described ( 2 ) 13:12
description ( 3 ) 73:3 73:9 75:9
despite ( 3 ) 32:16 35:1 35:4
detachment,48:22 detail ( 4 ) 14:7 18:6
22:11 23:4 detailed16:13
details ( 3 ) 61:20 77:21 77:22
determine ( 4 ) 25:9 34:15 34:15 70:9
develop ( 3 ) 11:2 52:16 52:18
developed23:11 didn’t ( 12 )2:20 18:11
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50:1 51:8 55:24 68:13 68:23 70:25 84:4
difference. ( 3 ) 31:11 47:8 71:21
different ( 6 ) 3:25 10:5 11:18 51:21 51:21 54:11
difficult ( 4 ) 4:8 29:19 39:22 51:13
difficulties,38:23 difficulty ( 5 ) 5:24
12:20 20:12 29:17 83:16
dignity.33:21 directed ( 2 ) 77:17
direction ( 10 ) 6:4 21:1 41:17 47:16 76:22 76:22 76:25 77:5 78:5 78:13
directions ( 7 ) 9:20 9:22 10:8 48:13 49:11 52:19 84:5
directly ( 4 ) 24:7 45:10 46:10 49:22
disappointed46:8 disbursal. ( 2 ) 20:18
49:12 disbursed,20:17 disbursement23:13 disbursements ( 3 )
56:23 57:3 70:24 discharge41:21 disclose ( 4 ) 59:4 59:23
67:12 67:13 disclosed ( 9 ) 12:10
13:5 14:6 25:18 29:5 38:20 58:5 67:1 69:5
disclosure ( 4 ) 12:4 25:16 25:16 38:21 discombobulate86:5
discrete ( 2 ) 34:15 41:12
discuss ( 3 ) 44:6 67:19 77:5
discussed ( 4 ) 38:17 74:11 74:13 77:20 discussing ( 3 ) 13:3
39:25 60:12 discussion ( 3 ) 21:24
67:15 74:20
dispatch78:21 dispelled.72:3 display58:23 dispose17:17 disproportionality,26:12 disproportionate ( 2 )
26:16 55:6 distance48:22 distract38:23 divider2:8
document ( 10 ) 13:12 54:5 63:10 63:14 69:4 69:5 74:10 74:13 74:20 74:22
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59:9 67:13 documents ( 17 ) 1:20
1:24 7:5 14:6 18:2 38:17 46:14 56:25 57:25 59:14 69:24 75:12 75:19 76:5 76:15 77:4 78:20
does ( 25 ) 8:7 8:14 10:24 11:11 11:12 20:13 20:14 22:23 27:11 30:2 37:17 38:20 39:9 42:21 44:21 47:4 50:2 58:18 60:25 63:25 68:23
69:24 71:1 72:21
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40:11 44:20 48:17
fable,45:19
follows: ( 5 ) 53:15 81:7
69:4 69:11
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81:17 81:17 82:12
doesn’t ( 7 )20:14
employees.41:9
excellent10:4
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food, ( 2 ) 37:24 45:24
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except ( 4 ) 28:16 29:21
20:20 46:5 52:1
footed.55:5
73:21 76:2 80:4
57:14 70:8 72:4
65:21 83:22
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footer ( 2 ) 7:11 7:23
doing ( 7 ) 28:2 38:3
enables28:5
exception ( 2 ) 8:9 20:7
factor. ( 2 ) 24:6 24:7
force ( 3 ) 70:7 71:16
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enabling ( 2 ) 47:17
exceptional ( 4 ) 26:17
factors,84:21
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fair ( 8 ) 24:8 25:6 31:4
foreigners, ( 3 ) 33:1
domain.33:5
encouraged, ( 3 ) 34:13
exceptions71:18
33:14 33:23 51:18
34:4 37:22
don’t ( 26 )3:7 6:25
34:23 72:2
excerpts ( 3 ) 30:24
53:20 59:4
forensic24:17
11:4 20:4 20:12 22:2
encumbrances, ( 3 )	50:4 66:14
fairest25:13
forensically,47:24
23:22 29:10 31:6
17:25 69:18 69:25
excessive ( 2 ) 15:6
fairly ( 3 ) 9:17 53:21
form ( 5 ) 15:16 48:13
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73:9 78:2 81:13
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fairness ( 13 ) 10:20
formal ( 2 ) 61:3 70:1
54:18 55:11 59:5 62:2
exemption20:3
10:24 27:6 39:13
formalities68:18
62:3 62:4 63:11 74:7
endeavour75:19
exercises67:17
44:1 44:22 44:25 45:2
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76:9 80:8 84:1
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exhibit ( 4 ) 30:24 55:19
51:25 52:23 56:17
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58:25 59:8
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formulate ( 3 ) 64:4
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81:23 82:4
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exhibiting, ( 2 ) 51:2
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forth.65:10
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forthcoming9:21
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exhibits, ( 4 ) 50:13
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4:22 5:7 5:21 17:19
54:10 65:21 69:6
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45:25 54:4 70:5 76:6
33:19 34:10 70:13
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33:24 76:1
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71:16 71:16 71:22
existence ( 2 ) 12:2 12:3
far ( 8 ) 31:14 32:10
16:13 17:11 23:25
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exonerate76:9
37:8 37:8 37:9 45:12
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fate,81:17
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drafting.47:20
enter64:11
63:20 64:2
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32:6 32:23 37:13
draw ( 9 ) 7:3 13:4 14:10
entered69:9
expense ( 7 ) 13:17
feature,10:1
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entertainment37:25
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entire ( 2 ) 58:23 59:1
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drawing69:17
entirely ( 3 ) 29:25
expenses ( 46 ) 8:10
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entirety,64:18
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73:13 74:16
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experience85:5
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experts,57:3
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Friday. ( 2 ) 73:19 86:1
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friends81:2
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every ( 4 ) 36:25 40:3
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everyone ( 3 ) 74:6
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fulfilled, ( 2 ) 17:3 78:15
efforts, ( 3 ) 75:17 75:25
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finish ( 2 ) 62:5 86:9
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everything ( 6 ) 17:22
explanations49:25
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extraction50:15
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flag ( 2 ) 75:16 80:19
embarrassment83:17
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late, ( 2 ) 74:5 74:7 later ( 2 ) 10:11 68:4 latitude ( 2 ) 26:17 29:1 lawyer ( 13 ) 3:4 9:6
9:14 13:13 28:14 35:6
40:13 48:19 58:24 61:13 61:25 63:16 75:5
lawyer’s68:14
lawyers ( 5 ) 20:6 25:23 28:15 39:11 47:9
lead85:19 lease14:21
least ( 9 ) 3:15 4:6 33:10 33:11 40:3 59:18 59:20 66:19 76:20
leave ( 9 ) 5:15 24:17 32:13 72:5 73:22 75:2 77:4 78:13 83:17
leaves ( 4 ) 48:10 49:15 67:21 80:13
left ( 7 ) 39:21 39:22 54:1 54:6 55:12 55:24 70:24
legal ( 10 ) 8:10 8:12 8:22 21:3 23:1 44:8 53:17 53:24 60:21 60:23
legalise,60:14 legitimately,53:7 less ( 2 ) 38:19 46:1
lest ( 4 ) 59:2 70:5 83:11 83:16
let ( 7 ) 21:22 33:10 43:24 49:6 49:7 66:13 85:23
Let’s ( 4 )30:18 51:2 55:19 86:8
letter ( 2 ) 24:22 73:22 letters ( 2 ) 27:10 27:11 level ( 11 ) 23:4 34:14 56:19 70:6 70:11
70:12 70:22 71:15 71:15 71:15 71:22
liabilities,41:20 libel51:16 lies22:23
life ( 31 ) 1:17 2:3 2:6 2:16 8:4 9:4 11:17 12:10 12:13 15:6 15:14 15:18 16:19 17:4 17:17 33:21 35:19 51:17 53:11 53:13 53:16 58:23 61:17 62:12 62:23 63:17 64:20 64:21 64:24 69:12 81:7 light ( 2 ) 43:7 70:18
lighting7:25
like ( 26 ) 4:9 8:22 9:9 10:11 11:3 11:8 12:25 14:10 14:24 15:4 15:20 20:2 23:20 27:8 29:13 39:23 41:7 42:19 49:14 50:19 51:21 63:15 64:11 68:2 68:3 81:1
likely ( 5 ) 4:21 5:12 78:12 79:24 85:16
likes84:17 Likewise41:22 limb,8:18 limbs,8:14
limit ( 3 ) 16:15 32:19 36:7
limited24:9
limits ( 5 ) 53:18 53:25 63:22 64:8 69:18
line ( 3 ) 1:21 11:4 84:15 link ( 2 ) 4:14 5:2 lion’s55:8
list, ( 2 ) 58:11 72:14 listed ( 2 ) 59:15 85:18 listen19:10 listing86:6
litigants ( 3 ) 51:14 51:15 85:5
litigation ( 9 ) 10:3 20:6 34:8 43:20 47:25 51:12 55:1 56:11 61:2
little ( 4 ) 9:24 14:9 18:8 34:25
Litvinenko15:19 live13:18 lives81:7
living ( 19 ) 8:9 9:1 11:24 13:11 14:8 15:6 15:17 19:19 21:3 21:15 22:25 25:24 27:24 32:19 33:4 36:6 44:8 53:17 53:24
local ( 5 ) 70:6 70:21 71:5 71:15 71:22
London ( 2 ) 15:19 75:20
long ( 6 ) 36:3 44:8 55:25 60:20 60:22 67:23
look ( 11 ) 1:23 2:25 22:2 24:23 25:19 44:13 45:10 45:12 48:4 78:23 78:25
looked53:14 looking ( 7 ) 16:23
19:20 23:4 35:18 53:9 59:19 65:8
looks ( 6 ) 20:1 20:21 50:19 52:8 53:15 70:17
Lord’s ( 3 )14:11 35:1 64:3
Lordship. ( 98 ) 1:5 1:8 1:12 1:15 1:19 1:25 2:7 2:19 3:3 3:7 4:12 4:13 4:15 5:1 5:3 6:21 7:8 7:18 7:23 8:4 8:6 8:16 9:3 9:7 11:4 11:5 11:5 13:9 15:25 16:8 16:10 16:12 16:15 18:20 19:7 20:2 22:22 23:9 23:17 24:4 24:12 25:12 26:20 26:24 27:9 27:11 27:18 28:21 28:24 30:2 30:4 30:7 30:14 31:5 31:13 32:14 40:2 40:15 43:14 48:7 48:8 48:20 49:11 51:13 52:4 52:14 53:14 53:14 55:15 56:1 56:15 56:20 56:22 57:7 57:19 60:2 62:13 62:25 63:2 63:8 66:19 70:17 70:19 72:21 72:23 73:5 73:8 73:14 73:16 73:18 75:16 76:21 77:12 77:24 78:22 84:4 84:7 84:20
Lordship’s ( 8 )7:4 9:3 26:25 32:8 33:17 52:17 62:11 84:8
lose37:21 loss14:13 lost15:2
lot ( 8 ) 10:20 16:3 20:19 28:20 35:21 36:1 54:25 82:12
loud,47:19 Ludmilla14:3
lump ( 2 ) 28:8 36:5
main ( 3 ) 16:5 54:8 72:13
maintains10:4
mistranslation79:15
near23:7
obtain65:13
makes6:25
misunderstood61:12
nearest36:17
obvious ( 2 ) 10:16 86:3
making ( 3 ) 34:7 57:3
mobile ( 4 ) 4:14 4:17
necessary ( 13 ) 3:2
obviously ( 13 ) 3:6 9:3
5:2 5:10
5:11 18:2 21:8 34:18
22:24 26:25 33:18
man.75:9
modest,14:9
41:18 44:7 46:14
50:2 50:20 59:14
management ( 3 ) 50:24
moment? ( 10 ) 9:10
68:18 69:9 75:21
66:18 72:11 72:12
57:2 84:21
15:7 21:17 22:15
76:10 82:21
80:1 83:2
mandatory14:21
22:21 28:4 29:8 53:7
necessity56:2
occasion,79:5
many ( 5 ) 40:25 43:23
71:4 80:24
need ( 24 ) 1:18 2:20
occasionally,26:11
55:24 75:24 79:1
Monday ( 8 ) 68:6 68:9
10:24 13:25 16:21
occasions56:2
March ( 4 ) 1:23 11:19
68:10 74:23 85:8
23:1 23:1 33:16 35:21
odd,49:13
12:2 53:14
85:12 86:8 86:20
35:21 36:2 38:20
offered ( 3 ) 52:4 81:8
marks42:8
money, ( 61 ) 8:11 8:13
47:16 48:1 54:18 55:9
material ( 2 ) 28:24 74:2
10:2 10:22 11:23 13:4
59:21 66:20 66:21
offering76:18
matter. ( 22 ) 2:21 5:22
13:5 13:6 13:7 13:25
66:21 73:2 73:4 78:25
office ( 10 ) 14:19 14:21
9:23 13:1 22:5 22:8
14:14 14:17 15:8
17:7 18:1 21:19 69:11
22:23 27:3 29:2 32:13
15:14 16:3 17:23 18:9
needed ( 2 ) 24:2 28:8
69:14 70:6 70:12
46:3 48:20 54:16 58:7
20:5 20:11 20:24 24:1
needn’t57:21
58:8 77:6 78:6 78:15
25:23 25:25 27:20
needs ( 4 ) 1:25 10:3
offices21:15
80:18 83:10 83:13
27:21 30:15 31:14
20:1 40:6
often ( 3 ) 36:20 45:14
32:2 35:20 35:24 37:3
negative,29:18
matters ( 21 ) 1:10	37:20 39:11 39:20
nest26:23
Okay, ( 2 ) 30:25 73:10
12:25 21:25 22:24
42:19 47:23 48:9
net ( 2 ) 16:20 16:24
old ( 2 ) 45:19 81:5
25:7 32:1 34:15 44:13
49:21 49:22 51:16
neutrally71:4
Once ( 4 ) 36:8 39:9
46:10 47:7 52:24 53:2
52:1 52:2 53:16 53:22
never ( 4 ) 16:14 28:22
42:15 67:15
53:5 56:15 56:21
53:23 54:1 60:9 60:10
34:10 34:11
ones ( 3 ) 66:6 67:11
59:11 65:19 65:22
60:11 60:20 60:22
nevertheless, ( 4 ) 16:7
72:6 72:15 72:16
63:17 63:18 63:20
39:9 44:19 85:19
ongoing ( 3 ) 7:20 32:22
maximalist34:23
64:1 64:2 68:19 68:21
news. ( 2 ) 26:5 44:7
maximum. ( 3 ) 15:18
69:14 69:21 70:23
next ( 11 ) 14:23 15:3
onto ( 2 ) 39:1 72:20
33:1 73:9
monies, ( 17 ) 10:9
16:9 17:22 20:15 32:4
open, ( 2 ) 82:8 83:1
maybe ( 2 ) 40:13 86:6
12:14 12:18 12:19
36:13 36:14 37:10
operate37:18
mean, ( 8 ) 2:10 9:1
19:2 20:16 21:5 21:22
73:17 85:16
operative70:22
11:13 42:6 42:7 51:20
22:24 24:25 25:3
Nice, ( 3 ) 36:11 37:5
opinion,15:5
52:20 63:25
25:10 27:19 31:9
opportunity, ( 3 ) 13:10
means ( 5 ) 15:6 21:14
34:19 39:9 41:20
nicer86:12
14:17 15:15
39:17 51:1 63:17
monsters15:23
night ( 5 ) 12:9 74:14
opposed ( 2 ) 2:17
meant,43:14
month ( 4 ) 14:22 32:25
74:16 74:18 74:19
meantime.85:11
37:6 40:3
non43:25
opposes,6:18
measure5:10
monthly ( 8 ) 28:9 36:19
non-financial22:8
opposition,6:17
measured6:20
36:21 36:21 36:22
none,67:3
options5:16
mediation82:18
36:23 37:2 37:3
normally26:11
order, ( 58 ) 1:23 6:15
meet23:6
months. ( 13 ) 14:23
note4:19
6:15 10:9 11:25 12:5
meeting, ( 2 ) 11:14
16:9 35:25 36:9 36:14
noted28:11
13:10 13:21 14:1
36:15 37:20 40:25
notes,84:12
15:24 17:19 25:13
mention ( 2 ) 32:16
41:3 51:3 54:24 55:1
nothing ( 6 ) 23:10 29:3
25:13 25:15 28:5
32:20 32:22 36:8 38:1
mentioned ( 6 ) 13:17
moribund,56:8
47:15 47:15 47:16
16:2 17:8 59:18 66:15
morning. ( 9 ) 1:4 1:5	notice, ( 5 ) 25:2 28:13
47:21 48:1 48:7 48:11
1:6 1:7 9:5 46:17 68:6
28:14 28:15 28:16
49:10 50:16 52:20
merely69:8
73:9 77:14
notification8:21
53:18 53:25 55:15
message ( 2 ) 77:10
mother. ( 6 ) 7:14 7:19
notified3:21
56:25 57:7 57:7 57:13
45:22 81:5 83:15
notify9:1
57:15 63:22 64:5 64:9
met.19:19
noting ( 2 ) 7:8 7:11
65:12 67:19 68:21
middle74:18
mounting84:13
notwithstanding39:8
68:24 70:6 70:8 70:13
might ( 6 ) 1:20 5:20
mouth, ( 2 ) 48:23 49:19
novosti(?)82:11
71:16 71:17 71:19
78:6 78:8 79:23 86:9
move.26:8
number ( 12 ) 1:9 19:7
71:19 71:23 72:20
Mikhail14:3
must ( 22 ) 8:12 8:17
20:9 28:11 48:17 57:5
73:16 75:18 77:2
militates86:13
18:7 19:10 22:7 42:2
59:21 59:22 72:18
77:25 81:24
million, ( 2 ) 24:16 40:3
42:4 42:8 44:8 45:3
72:19 72:22 74:1
orders ( 4 ) 10:8 22:16
mind ( 3 ) 8:5 49:12
45:21 46:9 46:20
41:14 69:25
49:21 54:15 59:8
O	ordinary19:19
minimal58:15
67:10 67:12 67:13
organise14:14
minimalist34:22
68:13 75:11 83:17
organised ( 2 ) 7:25
obeyed,22:16
minimum ( 2 ) 14:8
muzzling84:22
myself, ( 5 ) 14:2 15:15
object, ( 3 ) 23:6 26:7
others,25:5
minute. ( 5 ) 36:25
15:22 16:6 41:13
otherwise ( 5 ) 22:25
43:15 43:15 75:16
mythical41:2
objected19:23
59:6 68:24 71:16 84:2
objecting ( 5 ) 26:10
ought44:10
minutes ( 3 ) 18:21
N	30:7 30:7 31:13 31:16
ourselves ( 2 ) 13:12
32:10 81:1
objection, ( 3 ) 18:8
mirror ( 3 ) 27:10 77:8
38:12 59:6
outcome, ( 2 ) 33:23
Nadejda ( 2 ) 13:13
obligated13:21
misconceived, ( 3 )	57:18
obligatory ( 2 ) 19:21
outlined ( 2 ) 5:1 5:16
33:8 33:13 64:3
names,22:9
outs ( 2 ) 50:5 54:14
mislead62:4
Natalya ( 4 ) 7:13 8:1
observation27:14
outside1:10
misleading18:23
81:5 81:19
observations32:8
over ( 6 ) 11:18 24:12
misled46:6
nature5:19
observed,73:14
24:12 35:24 38:4 64:9
misspoken, ( 2 ) 79:16
Nazarov, ( 7 ) 14:3 74:9
observes8:16
overall18:6
75:4 75:18 75:23
observing49:18
overnight62:25
mistake,80:5
76:10 76:20
obstacle68:20
own ( 5 ) 1:22 78:20 83:8 83:14 84:14
pages ( 3 ) 50:5 65:10 65:24
paid ( 16 ) 18:17 20:9 20:13 20:14 20:14 20:22 20:25 24:18 32:24 37:7 37:8 37:9 37:14 40:13 42:5 45:25
painstaking81:8 palatable52:8 paper ( 7 ) 3:1 48:2
59:20 65:9 69:8 69:19 70:1
papers ( 2 ) 1:16 6:22 parameters.57:13 Paris ( 16 ) 14:1 16:5
18:18 19:13 20:22 23:19 31:16 32:9 36:16 37:12 68:3 68:8 69:11 69:13 72:25 79:2
part ( 18 ) 14:1 14:18 14:25 15:22 34:2 40:22 40:23 40:23 44:11 47:5 49:13 60:11 61:11 67:5 70:2 76:3 77:17 81:21
partial ( 2 ) 52:6 53:4 participation39:14 particular ( 4 ) 1:20
25:17 56:23 83:16 particularity ( 2 ) 23:4
particularly, ( 2 ) 39:12 70:18
parties,9:17
partly ( 3 ) 6:16 6:17 76:7
party29:14 Pasko,14:3 passed76:23
past ( 3 ) 42:2 60:12 76:14
(Pause).37:1 Pavel81:6 Pavel-Stroilov,7:12 pay ( 19 ) 10:19 13:22
14:20 16:21 20:4 20:5 32:3 32:5 32:5 33:2 33:4 34:11 36:19 36:20 37:17 38:1 39:14 61:21 64:6
payable ( 3 ) 35:8 35:9 36:12
payment ( 10 ) 14:21 21:8 21:12 35:10 37:10 37:13 52:5 70:9 75:24 81:9
payments. ( 3 ) 19:21
35:12 37:20
penny, ( 2 ) 16:13 34:11 pension ( 4 ) 15:9 30:20
34:2 34:3
people ( 10 ) 6:2 29:20 58:22 60:18 69:12 80:16 80:18 83:1 83:11 84:10
people’s22:9
per ( 8 ) 13:16 13:24 14:22 16:16 32:25 37:6 41:2 52:6
perfected.50:15 perfectly ( 2 ) 3:17 6:3 performance.42:3 performer.43:18
performing7:20 perhaps ( 5 ) 2:15 3:1
27:15 74:18 77:16 peril.83:14 period35:24 permissible71:1 permission ( 3 ) 57:10
59:13 83:8
permit ( 2 ) 41:17 41:18 permitted13:8
person ( 5 ) 32:25 54:17 70:24 70:25 85:5
personal66:16 personally ( 2 ) 15:12
60:17 persons82:16 pertain1:20 Petersburg ( 7 ) 18:25
24:15 34:9 46:25 47:22 82:11 82:14
phone ( 3 ) 4:14 4:17 5:2
photocopies65:11 pick ( 3 ) 61:25 70:16
72:24 picked73:15 picking63:16
picture ( 3 ) 18:4 18:6 59:4
piece ( 4 ) 48:2 69:8 69:19 70:1
pieces ( 2 ) 59:20 65:9 place ( 2 ) 34:3 34:6 places47:5
plain ( 4 ) 18:13 23:12 23:14 51:7
plans86:8 plaster32:7
play. ( 3 ) 51:12 74:6 74:7
pleading73:18 pledge.79:18 plenty51:14
plus ( 3 ) 59:19 59:20 63:2
pointless49:4 points ( 13 ) 3:6 7:16
9:8 10:12 18:5 19:11 24:24 32:3 48:17 57:23 73:13 78:25 80:12
police82:14 policies ( 8 ) 12:10
12:13 21:10 25:18 29:4 62:12 62:18 62:23
policy ( 40 ) 1:17 2:4 2:6 2:16 8:4 9:4 11:17 11:18 11:18 11:23 12:1 12:19 12:23 13:2 13:2 13:4 15:7 16:19 17:4 17:9 17:11 17:18 25:18 53:11 53:13 53:17 54:1 54:8 61:10 61:11 61:15 61:18 61:18 63:3 63:5 63:18 64:20 64:24 68:21 70:2
poor43:17
position ( 27 ) 3:8 4:12 9:9 10:6 15:20 16:1 19:4 21:24 21:25 27:4 30:1 30:4 30:9 30:11 30:12 31:25 33:20 43:3 48:21 51:9 54:21 55:23 61:13 66:11 70:21 70:23 71:6
possibility.16:11 possible ( 8 ) 3:24 11:9
17:16 42:13 76:4 76:15 82:4 85:13
possibly ( 3 ) 44:11
productive85:4
questioning, ( 2 ) 43:17
47:21 75:4
professional ( 6 ) 43:25
posted7:6
81:11 81:11 81:12
questions ( 12 ) 7:15
posting,7:19
81:18 82:2
10:16 20:10 20:19
pot ( 3 ) 34:2 34:3 34:6
profitably.52:25
25:12 33:9 41:13
potential ( 3 ) 2:18 43:1
profound44:1
42:19 53:23 77:8
progress. ( 2 ) 10:4 79:2
78:19 84:8
potentially ( 4 ) 7:7 9:18
prohibits8:7
quick ( 4 ) 1:23 53:12
20:18 52:8
promised45:2
60:19 79:19
pour34:21
prompted58:10
quite ( 18 ) 10:17 13:19
powers,75:21
promulgation7:9
15:14 22:18 23:12
practice,83:7
proof, ( 2 ) 29:25 71:12
23:14 23:23 30:11
prediction.43:12
proper ( 3 ) 23:13 31:5
44:1 48:3 49:25 51:13
prefacing49:17
60:14 73:20 73:21
prefatory18:24
properly ( 3 ) 9:19 75:13
74:11 82:25 85:3
prefer ( 4 ) 5:17 28:2
quiz61:4
45:6 80:19
proportion ( 2 ) 22:7
quoted23:22
preference ( 3 ) 2:11
5:22 25:5
proportionality22:3
prejudice31:25
proportionate57:6
premise. ( 5 ) 29:1 29:1
propose ( 2 ) 37:16 59:7
radio ( 3 ) 83:19 83:24
51:5 57:15 63:8
proposes49:3
preparation ( 4 ) 41:1
proposing37:14
41:3 41:8 49:3
prospect21:8
raised ( 2 ) 45:16 80:13
prepare79:8
protections35:3
raising.80:20
prepared ( 5 ) 15:23
protocol,73:12
rate ( 2 ) 33:1 41:6
35:5 47:9 47:9 47:10
protracted35:24
rates,40:5
preparing38:24
prove ( 2 ) 29:13 29:18
rather ( 8 ) 8:23 12:9
present77:11
provide ( 18 ) 16:12
23:23 35:6 45:1 45:11
presently ( 2 ) 5:17 29:3
16:14 39:19 46:14
57:5 78:10
preserve21:8
58:8 59:15 66:14
re-argue51:8
«Press ( 4 ) 7:25 53:7
66:18 66:21 71:12
re-listening79:20
81:4 81:12
75:11 75:13 75:22
reached5:9
pressure28:20
76:5 76:18 77:2 77:4
reaction;26:16
pretty ( 3 ) 28:15 49:22
read ( 8 ) 1:24 8:19 8:25
provided ( 17 ) 3:14
8:25 74:19 74:22 75:1
prevail34:8
12:8 16:4 16:8 58:1
prevent8:8
59:2 66:13 66:14
readdress75:3
previous ( 2 ) 1:16 79:5
67:2 68:16 73:8 77:21
reads53:15
previously ( 2 ) 12:19
77:22 77:25 78:3 83:5
real ( 2 ) 4:3 20:8
realisation ( 5 ) 17:4
principally32:9
providing ( 2 ) 38:13
17:9 17:12 17:23
principle, ( 4 ) 19:21
21:6 22:1 82:22
provision28:6
realise ( 2 ) 17:8 17:10
print ( 2 ) 50:5 54:14
provisional42:16
realised?16:19
printed58:16
public ( 5 ) 33:5 38:25
realising ( 2 ) 16:20
printing76:23
39:5 42:4 82:5
printout14:11
publication82:13
reason ( 3 ) 23:16 59:2
priorities ( 3 ) 25:3
publishes82:12
28:12 75:25
pudding71:12
reasonable ( 6 ) 8:10
prison61:21
pump39:4
8:20 18:19 21:3 23:13
pro ( 5 ) 11:9 31:4 40:15
punish15:24
40:18 81:9
purely81:8
reasonably ( 3 ) 20:17
probably ( 12 ) 2:1 2:9
purposes ( 6 ) 5:17
55:6 80:2
2:13 4:5 5:23 20:21
18:10 49:13 52:17
reasons ( 2 ) 22:8 57:6
24:10 47:24 72:18
57:17 84:22
reassurance.76:19
72:19 73:2 75:9
purse,53:24
reassure41:13
problem ( 9 ) 36:24
pursuant ( 2 ) 56:24
receipted42:5
38:16 38:21 42:3
received ( 5 ) 1:15 3:11
59:16 65:16 65:17
pursuing22:8
11:23 14:12 74:17
68:25 69:21
pushing68:5
receiving ( 2 ) 15:8
problems. ( 2 ) 42:11
putting63:8
recent ( 3 ) 9:13 19:1
proceed. ( 3 ) 3:7 78:21
Q	55:13
recently, ( 2 ) 15:14
proceeded ( 2 ) 42:22
qualified ( 2 ) 81:19
reception1:10
proceeding66:4
reciprocity56:18
proceedings ( 7 ) 4:16
quality3:13
recognition50:8
14:25 40:22 40:23
quantified;42:1
recollect ( 3 ) 27:9
40:24 83:1 85:4
quarterly,35:10
27:11 73:19
proceeds ( 3 ) 2:18
queries ( 2 ) 9:17 25:12
recollection, ( 2 ) 23:23
16:20 54:2
question ( 25 ) 2:16
process ( 11 ) 39:13
2:20 8:3 10:12 10:13
reconciled10:7
44:22 44:25 45:12
26:13 42:8 44:3 46:21
record ( 5 ) 56:20 60:12
49:23 50:14 50:15
48:16 49:15 50:13
66:17 80:4 80:5
51:7 61:4 69:20 72:24
52:11 53:12 55:22
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processed70:3
58:1 60:13 60:20
recount46:10
produce ( 2 ) 54:23 67:8
66:22 66:24 68:12
recover22:4
production ( 2 ) 54:19
74:1 76:23 80:13 84:8
red80:19
questioned75:12
reduce27:23
referable64:20 reference ( 5 ) 7:12
23:19 25:6 62:24 71:18
referred; ( 4 ) 58:14 64:21 64:24 65:22 referring ( 2 ) 32:18
64:6 reflect43:6 refrain42:25 refused,40:17
regard ( 6 ) 12:4 15:15 22:16 41:11 79:11 83:25
regards ( 2 ) 58:21 64:23
regime29:14 registered68:22 registering70:13 regret34:24 regularly10:21 reinstate15:3 reiterate13:14
relate ( 4 ) 65:24 65:25 65:25 72:6
related ( 3 ) 19:16 37:4 61:9
relates6:23
relating ( 4 ) 1:16 36:11 58:12 80:24
relationship54:17 relatively ( 3 ) 18:6
20:11 41:12 relayed46:3
release ( 11 ) 10:9 24:25 25:10 25:13 30:15 31:14 42:18 47:17 47:22 56:24 68:19
released. ( 4 ) 48:10 57:15 59:3 74:20
releases81:12 releasing68:20 relevant ( 11 ) 1:20 6:4
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