The Hague court ordered Russia to pay $ 50 billion in the Yukos case
The court of appeal of the Hague ordered Russia to pay 50 billion to former shareholders of YUKOS organization.
about this Last news said the head of the international centre for legal protection Andrey Kondakov, representing Russia's wishes in the matter.
After the decision of the justice Ministry stressed that Moscow " in the cassation appeal to challenge the court verdict in the Supreme court of the Netherlands ".
As the Ministry noted, the court ignored the fact that the former Yukos shareholders were not " bona fide investors ".
in July 2014 the court of arbitration in the Hague unanimously upheld the claim of the former shareholders of Yukos and obliged the Russian Federation to pay them $ 50 billion. Moscow appealed this decision.
in April 2016, the Hague regional court overturned the decision, explaining that it is not placed in the competence of the Hague Tribunal.
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