State sought to bankrupt oil firm, appropriate assets and prevent owner Khodorkovsky from entering politics, rules Hague court

Russia has been ordered to pay $50bn (£29.4bn) to shareholders of Yukos, the formerdefunct oil company that was broken up a decade ago after its boss fell foul of Vladimir Putin.

In a judgment against the Kremlin, a tribunal in the Hague ruled that the Russian state had sought to bankrupt Yukos, appropriate its assets and prevent its owner, Mikhail Khodorkovsky, from entering politics.

Continue reading…