According to several reports, the position is based on the fact that the appeal does not raise a debatable point of law, nor a point of law of general public importance.

After the Court upheld the Cuban bank’s case regarding alleged non-payment of loans to CRF, called the Vulture Fund by Cuban authorities, the decision was appealed to a British court.

For the Cuban government, one of the most widespread misrepresentations in this regard is that the “Republic of Cuba lost this case” and the “English courts have condemned the Cuban State.” It is also a “lie” that “the Cuban economy has suffered a blow with this decision, Cuba has been ordered to pay millions of dollars, and the Vulture Fund is a creditor of Cuba and the National Bank.” It is also untrue that “CRF is a serious economic entity and is claiming its genuine rights,” with the sole intention of collecting a legitimate debt and not wanting to harm Cubans.

According to Cuban television journalist Humberto López, who reported on Facebook, the Cuban entity received notification of this determination this Monday. López stated, “As has been the case throughout this complex legal process, there has been a large amount of false and incorrect information about its progress and implications.”

The journalist stated in the post, “The Republic of Cuba is not involved in the process and is exempt from any connections to the Vulture fund,”. They noted that “since April 2023, a British court has determined that CRF is not a creditor of the Cuban State.”

“In the coming hours, we will provide more information with authorities from the National Bank,” the journalist announced.

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