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:

Medvedev Promotes New Reform Stalin Is Like Social Media: A PR Campaign In Memory of the Big Terror, 1937-1939 Navalny Will Have To Pay 67 000 Dollars To the Multidisciplinary Processing Company People Bring Flowers To the Bolshoy Moskvoretsky Bridge New Prohibition For Foreign Ownership In The Russian Media

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Sergey Antipov  earthquake  Art Exhibitions  Mariinsky theatre  fashion weeks  Pyotr Ufimtsev  Vincent Van Gogh  Russian history  Restored Films  Russian business  FIFA  Russian Theater  Mercedes-Benz Fashion Week Russia  Russian Winter  Enem  Russian Cinema  Russian painters  Russian architecture  Lipetsk   Painting  Russian lifestyle  Red Square  The gun museum  Russian Literature  Professor Molchanov  Siberia  Russiansportsmen  Zinovy Gerdt  Nenets Autonomous Area  Oscar  Erotic  Russian tennis  Russian Composers  Erotica  Science  Alaska  Moscow Kremlin   Sobornaya Square  Museums  Russian tourism  Kuzminki Park  Exhibitions in Moscow  Russian legislation  Tryokhgorny  Russian musicians  Moscow State University  Archeology  Moscow  Monuments in Udmurtia  Kamchatka 

Travel Blogs
Top Traveling Sites