Kremlin welcomes Dutch court ruling quashing $50 bn Yukos award

20th April 2016, Comments 0 comments

The Kremlin on Wednesday hailed a Dutch court decision to quash a ruling ordering Russia to pay $50 billion in damages to shareholders of former oil company Yukos.

"We welcome the decision from The Hague district court," Kremlin spokesman Dmitry Peskov said, adding that Moscow now hopes the ruling will see proceedings in various countries to freeze Russian assets over the case ended.

© 2016 AFP

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