Former Yukos shareholders after winning the court of appeal in The Hague intend to seek the seizure of Russian property abroad, Forbes Leonid Nevzlin said. According to him, Russia's attempts to challenge the arrests will only lead to a drag on time.
President of Rosneft Igor Sechin gave an interview to the German weekly magazine Der Spiegel. Calling it perhaps the second most influential, after Vladimir Putin, man in Russia, the newspaper notes, "Sechin's opponents consider him Darth Vader, his fans — the king of the energy sector."
The decision to pay €1,86 billion awarded by the ECHR to former Yukos shareholders may have much more serious implications than a verdict on $50 billion by the Hague Tribunal. Both for the Russian budget and its judicial system.
Arbitration in the Hague ruled to collect $50 billion from Russia in favor of the former shareholders of Yukos. The fiasco was planned. Russia didn't even lift a finger to win this battle.
The Hague court sentenced Russia to $ 50 billion payment.