Russian Shares in Euronews Frozen Over Yukos Case


A stake in French supporter Euronews claimed by a Russian state media organization has been solidified as a feature of a $50 billion harms case acquired by ex-shareholders ancient oil Russian firm Yukos, the media organization said Thursday. 

Pyotr Fyodorov, an official at the All-Russia State TV and Radio TV Organization (VGTRK), Russia's biggest media gathering, said the organization's 7.5 percent stake in Euronews had been solidified after a court request, the RIA Novosti news office reported. 

The move comes after an intervention court in The Hague a year ago requested Russia to pay $50 billion in harms to previous shareholders of Yukos, which was dissected and generally nationalized in the mid-2000s after its extremely rich person proprietor, Mikhail Khodorkovsky, was imprisoned on charges of assessment avoidance. Russia declined to do the court's choice. 

Fyodorov said the seizure of the advantages would not influence VGTRK's operations or its joint effort with Euronews. The change implies that VGTRK can't offer the stake, yet "we weren't wanting to," RIA cited him as saying. 

VGTRK first purchased offers in Euronews in 2001, after which the direct started TV in Russia. 

The benefit stop takes after past seizures of Russian property in France and Belgium prior this year regarding the Yukos case, and the Kremlin on Thursday said it would not go unanswered. 

"Lawful endeavors to secure the authentic hobbies of Russia and its property are being taken," Kremlin representative Dmitry Peskov was cited by RIA as saying. 

Russia's upper parliament, the Alliance Gathering, on Wednesday passed enactment to permit the seizure of benefits claimed by outside governments on Russian domain. These are right now insusceptible from capture. 

The law was intended to empower Moscow to counter to activities against Russian resources abroad. It anticipates President Vladimir Putin's mark under the watchful eye of getting to be law.

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