Wednesday 6 November 2024
 
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Khodorkovsky

Russia ordered to pay $50bn in Yukos case

The Hague's arbitration court ruled on Monday that Russia must pay a group of shareholders in defunct oil giant Yukos around $50 billion for expropriating its assets, a big hit for a country teetering on the brink of recession.

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Russia's Khodorkovsky jailed for 6 more years

A Russian judge sentenced jailed former oil tycoon Mikhail Khodorkovsky to six additional years in prison on Thursday after convicting him on multi-billion dollar theft and money-laundering charges. Moscow judge Viktor Danilkin granted the

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