The constitutional court of the Russian Federation received a request of the Ministry of justice about the possibility not to pay the former shareholders of Yukos € 1.8 billion by the decision of the ECHR. About it reports “Interfax” with reference to the website of the constitutional court of the Russian Federation.

The request was prepared in accordance with the provisions of Chapter of the Federal constitutional law “On the constitutional court of the Russian Federation” on the basis of output of the Ministry of justice about the impossibility of executing the judgments as well as opinions of the Federal bailiffs service and Federal tax service, said the Agency.

The Ministry of justice explained that the obligations imposed on Russia, based on the application of the ECHR provisions of the Convention on the protection of human rights and fundamental freedoms in the interpretation, leading to their discrepancy with the Constitution.

In July 2014, the European court of human rights ordered Russia to pay the same to the plaintiffs compensation for 1.86 billion euros, and 300 thousand euros as compensation of legal costs. The Russian justice Ministry appealed this decision.

In July 2015, the constitutional court ruled that some provisions of the ECHR now fail if they are contrary to the fundamental law of the country. In December, the state Duma consolidated this position in law. The justice Ministry has promised to respond to the ECHR ruling in Yukos claim in accordance with this verdict.

The judgment on the payment to the shareholders of Yukos to 1.86 billion euros for their complaint against Russia was adopted on 31 July 2014. Russia appealed against it at the end of October 2014, however, the ECHR rejected this complaint, and on December 16, 2014, decision entered into force.

Yukos claims to Russia are not limited by the amount of 1.86 billion euros. In July 2014 the court of Arbitration in the Hague ordered Russia to pay former shareholders of Yukos compensation in the $ 50 billion. 15 January 2015 has expired, when Russia could pay appointed by the Hague Tribunal amount without interest.

At the beginning of June last year, Belgium has seized the assets of Russia in this country. Her example was followed by France. In the future, the account was unlocked. The Yukos shareholders filed on RF in a British court. They made up a rough plan of compensation from Russia.

The President of Russia Vladimir Putin in the summer at the St. Petersburg economic forum saidthat the decision of the Hague Tribunal have effect in relation only to those countries that have signed and ratified the European energy Charter. “Russia has not ratified the Charter, so we do not recognize jurisdiction of this court”, – said Putin.

Energy company YUKOS was declared bankrupt in 2006. Its former shareholders claim that the Russian authorities had illegally acquired the assets of the Corporation.



The constitutional court of the Russian Federation received a request for a possibility not to pay the former shareholders of Yukos € 1.8 billion ECHR 13.10.2016

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