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Russian Finance Ministry says Hague Court decision on Yukos case fair

The Hague District Court ruled earlier on Wednesday that Russia is not obliged to pay $50 billion in compensation to former Yukos shareholders

Russia’s Finance Minister Anton Siluanov Dmitry Astakhov/Russian Government Press Office/TASS

Russia’s Finance Minister Anton Siluanov

© Dmitry Astakhov/Russian Government Press Office/TASS

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Kremlin against politicizing Dutch Court overturning ruling in Yukos case

MOSCOW, April 20. /TASS/. Russia’s Finance Minister Anton Siluanov considers the decision announced by the Hague District Court on Wednesday to quash final arbitration awards to Yukos shareholders to be fair.

"Today’s decision of The Hague District Court on reversal of the arbitration court decision regarding Yukos case first of all means lack of grounds for arrests of the Russian property abroad, which have repeatedly been made recently. This is a fair decision, we never doubted it will follow," Siluanov said.

The Hague District Court ruled earlier on Wednesday that Russia is not obliged to pay $50 billion in compensation to former Yukos shareholders. The court found void six arbitration resolutions (three intermediate and three final ones) made by the Permanent Court of Arbitration in The Hague.

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The Hague Arbitration Tribunal in July 2014 passed rulings that Russia should pay a total of $50 bln to companies affiliated with former Yukos shareholders. It was reported in February 2015 that Russia had appealed to the District Court of The Hague against the arbitration rulings.

Yukos was accused of tax crimes and declared bankrupt by a Russian court ruling in 2006 while its assets were sold at auctions during the liquidation procedure.

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Russia uses aerial bombs to destroy Ukrainian positions near DPR’s Konstantinovka — source

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The Russian Defense Ministry announced earlier in the day that the country’s latest Oreshnik intermediate-range ballistic missile hit all the targets at a major Ukrainian military-industrial enterprise in Dnepr (Dnepropetrovsk) with its MIRVed warheads

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According to the report, the use of Oreshnik has become "part of a new era of missile warfare"

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Zelensky fine with conflict continuing due to Western help — Slovak PM

Robert Fico pointed out that "more and more evidence show that the West seeks to prolong the war in Ukraine for various reasons"

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"Democratic institutions in the country have been destroyed, rendering dialogue between the government and the people impossible," Viktor Medvedchuk said

Western nations should take Putin's statement seriously, warns Hungarian PM

Viktor Orban recalled that Russia has "one of the most powerful armies in the world, which boasts the most advanced, most powerful weapons"

US Congressman urges to impeach Biden for allowing strikes deep into Russia

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US, European officials suggest returning nukes to Ukraine — NYT

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Tehran to launch new centrifuges in response to IAEA anti-Iran resolution — statement

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German politician slams Ukraine’s ‘irresponsible’ strike on Russia with UK-made missiles

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