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:

New Prohibition For Foreign Ownership In The Russian Media Novaya Gazeta Named a Possible Organizer Of the Murder Of Nemtsov Annual Inflation In Russia Exceeded 16% Arrears On Foreign Currency Mortgage May Reach 45% In March Bankruptcy Increases





comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
TAGS:
wedding  archaeological expedition  Organ  Russian children  Beze Bazar  Russian history  Moscow attractions  Russian tourism  Tutaev  Alexey Miller  shopping in Nizhny Novgorod  Kirill Lavrov  Oleg Deripaska  Healthcare  Wooden Architecture  Russia-China  Russian Cinema  doping scandal  Krasnodar  Mercedes-Benz Fashion Week Russia  Painting  Bashneft  Mariinsky theatre  Russian business  International Cellists Competition  Russian Booker  Archeology  Museum of Religious History   Gelendzhik  Punk  obituary  Russian airports  Belorussky Railway Station  Kaliningrad Region  Space Exploration  international cooperation  Russian Literature  Arkhangelsk Region  Moscow hotels  Books  invest  Tomsk region  Exhibitions in Moscow  Russian government  Russian Film Directors  Veliky Novgorod  Chegemskoe Gorge  Moscow  Cultural Venues of Moscow  Yuri Zhirkov 


Travel Blogs
Top Traveling Sites