Thursday, January 19, 2017

COP allow Russia to pay compensation in the “case of Yukos” – RBK

Photo: Michael elm/TASS

the constitutional court considered it impossible to execute the ECHR decision in the Yukos case. According to the head of the constitutional court Valery Zorkin, the judgment of the European court is contrary to the norms of the Russian Constitution.

Russia’s constitutional court has allowed not to pay former Yukos shareholders €1.9 billion by the decision of the European court of human rights (ECHR). About it reports “RIA Novosti”.

According to the court, the court’s contrary to the norms of the Russian Constitution. So he freed Russia from the obligation to fulfill it.

“Russia has the right to deviate from imposed duties, if this is the only way not to violate the Constitution of Russia”, — said the head of the constitutional court Valery Zorkin. However, he added that the COP does not waive the obligation to execute the decisions of the ECHR.

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According to the decision of the constitutional court, the ECHR’s decision in this case is contrary to the principles of justice, was awarded an unprecedented compensation.

the ECtHR found a violation of the rights of shareholders of Yukos and ordered to pay almost €1.8 billion in compensation in July 2014. According to the decision of the European court, the Russian authorities illegally filed tax claims against Yukos, missing the Statute of limitations, which was in the Russian legislation only three years. The Strasbourg court pointed out that the shortfall in taxes, according to the materials of the case, occurred in 2000 and early 2001, and the authorities stated the claim only in 2004. Shown by the authorities to Yukos of the claim led to the bankruptcy of the company and transfer its assets to Rosneft.

to Perform the judgment should the Department of justice, which came to the conclusion that it cannot be implemented. A public hearing was held in the COP 15 of December. Representatives of public authorities in court, spoke out against the execution of the ECHR decision.

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