The Traderszone Network

Published in TZ Latest News 28 July, 2014 by The TZ Newswire Staff

Russia to challenge Hague Court’s Yukos ruling: Finance Ministry

Russia will appeal a decision of the Hague court that ruled on Monday that Moscow must pay a group of shareholders in now-defunct oil giant Yukos $50 billion for expropriating its assets, the Russian Finance Ministry said in a statement. “The Russian Federation drew attention to … serious flaws in the decision of the arbitration court,” the Finance Ministry said.