European court reinstates order for Russia to pay $50 billion for oligarch's lost oil assets | WHAT REALLY HAPPENED

European court reinstates order for Russia to pay $50 billion for oligarch's lost oil assets

A Dutch appeals court has reinstated an international arbitration panel's ruling that Russia should pay $50 billion in compensation to ex-shareholders of the defunct Russian oil giant, Yukos, overturning a previous court decision.
The Hague Court of Appeal ruled on Tuesday that the 2016 ruling cancelling the arbitration decision "was not correct," meaning that "the arbitration order is in force again."

The Russian Justice Ministry said immediately after the ruling that it would appeal the court's decision. The Ministry of Justice said the court had ignored the fact that the former Yukos shareholders were not "bona fide investors."

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