Ad
Yukos oil group went bust in 2007 (Photo: Flickr)

Russia ordered to pay €1.8bn by human rights court

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.

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here

Author Bio

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.

Yukos oil group went bust in 2007 (Photo: Flickr)

Tags

Author Bio

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.

Ad

Related articles

Ad
Ad