Court Rejects Russia's Appeal Over Oil Company Compensation

Europe's top human rights court said Tuesday that it had rejected an appeal from Russia over a ruling that it must pay 1.9 billion euros in damages to shareholders of defunct oil giant Yukos. Yukos, once worth $40 billion, was broken up and nationalized a decade ago, with most of its assets eventually handed to Rosneft, an energy giant run by an ally of President Vladimir Putin. The Strasbourg-based European Court of Human Rights (ECHR) awarded the shareholders compensation in...

© La Voix de l'Amérique - mardi 16 décembre 2014