03:05 GMT14 August 2020
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    Russia-France Mistral Deal (124)
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    Paris has transferred compensation for the non-delivery of its Mistral-class helicopter carriers to a Russian bank "in utmost secrecy."

    Hush Money

    Earlier it was reported that Russian President Vladimir Putin and French President Francois Hollande made a decision to terminate the contract on the construction and delivery of Mistral-class helicopter carriers to Moscow.

    "The president of the Russian Federation and the president of the Republic of France have made a joint decision of termination of the contract for construction and delivery of two Mistral-class amphibious assault ships, signed in June 2011," the Kremlin press service statement said.

    The settlement terms of the contract for the delivery of two Mistral-class helicopter carriers to Russia stipulate that France will pay a refund of under 1.2 billion euro ($1.32 billion at current exchange rates), French Defense Minister Jean-Yves Le Drian said Thursday.

    And finally, why all the cloak and daggers when transferring the money?

    Topic:
    Russia-France Mistral Deal (124)

    Related:

    Marine Le Pen Slams Paris Over Termination of Mistral Deal With Moscow
    Eight Reasons Why France Should Have Delivered Mistrals to Russia
    Putin, Hollande Praise 'Constructive' Negotiations on Mistral Issue
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    France, compensation, deal, military cooperation, Mistral, Russia
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