Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

June 18, 2015 15:35


Vladimir Putin pointed at the incompetence of the decision of the Hague Arbitration on the claim of ex-shareholders of YUKOS on recovery of 50 billion dollars from Russia.

The court resolution is based on the European Energy Charter that was not ratified by Russia. This was announced by the Head of State at a meeting with heads of international news agencies during SPIEF-2015. The President’s words were quoted by TASS on Saturday, June 20. “Russia has not ratified the Charter, so we do not recognize the jurisdiction of this court, and we will prove it in a prescribed manner, through legal procedures” - Putin said.

He noted that Russia would try to resolve the problem “the way it did earlier in the case with the claim of the Swiss company Noga”. Putin stressed that there must be a reaction following the arrest of Russian property abroad. “We will defend our interests” - he said. On June 18 an intention to defend Russia’s position in the court was announced by the Russian presidential aide Andrei Belousov. He noted that internationally recognized lawyers were involved in this case. The prosecution of Russia in Europe will be a prolonged international scandal.

On June 17 the authorities of Belgium and France arrested a part of Russian property in these countries. The sanction was imposed as a part of compensation for the claim of former shareholders of YUKOS.


Author: Anna Dorozhkina

Tags: YUKOS     

Next Previous

You might also find interesting:

Stalin Is Like Social Media: A PR Campaign In Memory of the Big Terror, 1937-1939 Sunday Of Protests Details Of Yves Rocher Case Neo-Stalinism New Anti-Russian Sanctions May Be Approved

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Contemporary Arts  Smirotvorets  Suzdal  Music Festivals  open-air cinema  MTS   Victory Day  Hashtagization  anniversary  Russian metal companies  Exhibitions in Nizhny Novgorod  Painting  Russian Winter  Borodino Battle  Finds  Noah's Ark  Russian courts  Vladivostok  Izhevsk  Mercedes-Benz Fashion Week Russia  History Exhibitions  Russian Literature  George Gamow  Magazines in Russia  Moscow  Alisher Usmanov  Multimedia Art Museum  Russian tourism  Exhibitions in Moscow  Vladimir Monuments  Archeology  Romanovs  Tomsk  electronic registration  Moscow Zoo  Floating Hotels  Eduard Gorokhovsky  ZDDZ London  Kemerovo Region  odd news  Russian hotels  Russian history  Eco-tour   Russian Rock Music  Loznitsa  Mittens  Russian business  Russian Cinema  Perm Region  Tomsk Special Economic Zone 

Travel Blogs
Top Traveling Sites