Russia: European court Yukos ruling unfair

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Published Jul 31, 2014

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Moscow - Russia's Justice Ministry said on Thursday a European court's approach to the Yukos case was unfair and biased, adding it could appeal its decision within three months.

The European Court of Human Rights (ECHR) earlier on Thursday awarded shareholders in Yukos 1.9 billion euros (R28 billion) 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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