Russia ordered to pay $50bn in Yukos caseThe 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. More… |
Russia's Khodorkovsky jailed for 6 more yearsA 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 More… |