Saturday, June 20, 2015

Belgium to unblock frozen Russian diplomatic accounts (Foreign minister)

Belgium will unblock Russian embassy accounts that had been frozen over legal claims by shareholders of former oil company Yukos, the EU country's foreign minister said Saturday, after Moscow vowed retaliation.



"A solution has been found to unblock as a priority accounts for the running of the embassies, and the rest will follow," a ministry spokesman told AFP, quoting Foreign Minister Didier Reynders.


Belgium to unblock frozen Russian diplomatic accounts: Foreign minister - International - World - Ahram Online

20/6/15

1 comment:

  1. Belgium unblocks seized Russian accounts...

    Russian state accounts frozen by Belgium in a move condemned by Moscow have been unblocked, Belgium's foreign minister says.

    The assets were seized in a move triggered by a court ruling over the now-defunct Yukos oil firm.

    In July 2014, an international arbitration court said Russian officials had manipulated the legal system to bankrupt Yukos.

    Yukos was then taken over by a Russian state firm.

    Its former boss, Mikhail Khodorkovsky, was also jailed.

    Last year a court told Russia to pay Yukos shareholders $50bn (£32bn) in compensation, after Yukos's break-up.

    But Russia does not acknowledge the court's findings, leading former Yukos shareholders to get Russian state assets frozen.

    Responding to the asset seizure, Russia's President Vladimir Putin said he would "defend our interests by the route of justice".....BBC

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