| Series Title | EurActiv |
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| Series Details | 19.06.15 |
| Publication Date | 19/06/2015 |
| Content Type | News |
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Russian government assets in France and Belgium including bank accounts were frozen in a row over compensation for shareholders of defunct oil giant Yukos, officials and a claimant representative said on 18 June 2015. It was later announced that Belgium had unlocked the assets following a protest from Russian authorities. The Permanent Court of Arbitration in The Hague ruled in 2014 that Russia had forced Yukos into bankruptcy with excessive tax claims before selling its assets to state-owned firms. Yukos was once Russia's biggest oil company but was broken up after the arrest of its owner, Kremlin critic Mikhail Khodorkovsky, in 2003. That came shortly after President Vladimir Putin warned Russia's growing class of oligarchs against meddling in politics. Mr Khodorkovsky was granted residency in Switzerland after being released in 2013 following a decade in prison after a presidential pardon from Putin. |
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| Source Link | Link to Main Source http://www.euractiv.com/sections/europes-east/france-belgium-seize-russian-assets-compensate-yukos-shareholders-315550 |
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| Countries / Regions | Russia |
