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Russia might appeal Hague's arbitration court resolution on Yukos

Russian Deputy Foreign Minister Vasily Nebenzya says the Hague Arbitration Tribunal's ruling on the legal action lodged by shareholders of the now defunct Yukos company was politically motivated

The seat of the Permanent Court of Arbitration in The Hague EPA/GUUS SHOONEWILLE

The seat of the Permanent Court of Arbitration in The Hague

© EPA/GUUS SHOONEWILLE

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Yukos verdict appeal decision weeks away — justice minister

MOSCOW, August 12. /ITAR-TASS/. "Russia might appeal a resolution by the Hague Arbitration Court on the Yukos case because the judicial body which passed the resolution did not have the necessary jurisdiction to do that," Russian Deputy Foreign Minister Vasily Nebenzya told ITAR-TASS on Tuesday.

"The Arbitration Court was not entitled to hold merit hearings into the case because there was no legal basis for that. Russia never gave its consent to settlement of disputes with "foreign" investors at arbitration bodies," the diplomat said.

Nebenzya said the Hague Arbitration Tribunal's ruling on the legal action lodged by shareholders of the now defunct Yukos company was politically motivated.

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Yukos verdict appeal decision weeks away — justice minister

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ECHR judge says Russia has grounds to contest ruling on Yukos

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Russian Foreign Ministry Yukos

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