MOSCOW: Russia’s Justice Ministry said a European court’s approach to the Yukos case was unfair and biased, adding that it could appeal its decision within three months.
The European Court of Human Rights (ECHR) earlier yesterday awarded shareholders in Yukos 1.9 billion euros (US$2.6bil) in compensation after the former oil company argued Russia had unlawfully seized it after demanding bogus taxes and via a sham auction. — Reuters
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