Investors in former Russian oil firm claiming £61bn in landmark case that could embarrass both Kremlin and BP

Investors in the former Russian oil company Yukos are confident they will receive a multi-billion pound financial settlement on Monday in a landmark case that threatens maximum embarrassment for BP and the Kremlin at a sensitive time.

Europe’s top arbitration court in The Hague has been hearing a case about the illegal expropriation of assets brought by five investors including the former Yukos chief executive, Platon Lebedev.

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