The European Court of Human Rights Thursday (31 July) told Russia to pay €1.86 billion to the shareholders of the disbanded Yukos oil group.
“The court decided that this amount should be paid by the Russian Government to Yukos’s shareholders and their legal successors and heirs,” it said in a statement.
The fine is the largest ever from the Strasbourg-based court, significantly more than its previous record of €90 million handed out in May against Turkey in case with Cyprus.
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Already a member? Login hereNikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.
Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.