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


YUKOS Case
June 18, 2015 15:35


(Source: http://finam.mirtesen.ru/blog)

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.


Sources: http://lenta.ru 

Author: Anna Dorozhkina

Tags: YUKOS     

Next Previous

You might also find interesting:

Russians Are No Longer Happy About Adjoining The Crimea Twitter Does Not Comply With the Requirements Of Russian Legislation Kudrin Predicts Stagnation Number Of Political Parties Will Be Sharply Reduced After the Duma Elections In 2016 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
TAGS:
Elizabeth Taylor  Monuments in Novosibirsk  New Museums  Ural Yekaterinburg  elections in Russia  Russian academy of sciences  Russian Cinema  Tomsk  the Urals region  Chukotka  Archeology  Penza zoo  Cars  Arena Moscow  Theatre Theatre  Kulikovo Field  Russian business  Russian government  Foreign Minister Sergey Lavrov   Maya Plisetskaya  Gelendzhik  Russian Literature  Nonconformist Art Museum  Russian wedding custom  Design  Jazz  Buguruslan  Bolshoi Theatre  Exhibitions in Moscow  Pushkin Museum of Fine Arts  Georgy Leman  Ethnomir Museum Park  Russian tourism  Yakutia Fashion Week  Miss Tourism   Awards  Veronika Skvortsova  Orthodox Church  Lipetsk   Alexander Kharitonov  Russian hospitality business  Mercedes-Benz Fashion Week Russia  Sergei Prokudin-Gorsky  Painting  Russian history  Russian women  Tver  Russian aviation  Ryazan Kremlin  Moscow 


Travel Blogs
Top Traveling Sites