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“The European Human Rights Court’s taking the right to find where the sum of penalties set at the national level was grounded is bewildering, as they [sanctions] can be imposed on a debtor if the latter refused to execute voluntarily the court verdict which took effect,” the agency said.
Earlier it has been reported that ECHR ruled Russia should pay €1.86 billion to shareholders of Russian oil company Yukos in compensation to their lawsuit against the country tried back in 2011.
At first plaintiffs claimed $98 billion.
Yukos oil giant was accused of tax crimes and declared a bankrupt by a court ruling in 2006 while its assets were sold at auctions during the liquidation procedure.