Today the Dutch Supreme Court quashed the judgments of The Hague Court of Appeal on the $50 billion case of the former Yukos Oil majority shareholders against the Russian Federation.
On 14 September 2021, the English High Court rejected the Yukos Oil Company’s former majority shareholders’ request for permission to appeal the Court’s 14 April decision, which continued the stay of the proceedings in England.
On 2 September 2021, the Court of Justice of the European Union (“CJEU”) delivered the final judgement in The Republic of Moldova v. Komstroy case.
On 28 July 2021, the Yukos Foundation issued a press release (the “Yukos Press Release”) disclosing the existence and content of the award of 23 July 2021 made in UNCITRAL arbitration proceedings between Yukos Capital and the Russian Federation (the “Award”).
This ICLP site provides the information needed to understand the Yukos case in detail. It contains original court documents as well as first-hand accounts of how Yukos was managed, given by senior managers who worked in Yukos at the time.
It therefore reveals the facts behind the false evidence put forward by the Yukos oligarchs.
READ MORE ABOUT ICLPIn the arbitration the oligarchs claimed that Yukos was misappropriated by Russia in a politically motivated move. Russia believes the oligarchs illegally took control of Yukos through rigged auctions and corruption, then evaded billions in tax. Yukos failed when it didn’t pay the tax it owed.
Read more about court actions8 Aug 2016
Mr. Gololobov served as Yukos Deputy General Counsel and was a member of the Oligarchs’ inner circle from 1995 to 2004. He is the first key Yukos insider to come forward to speak in specific detail about the billion-dollar bribery scheme run by the Yukos oligarchs.
29 Mar 2016
An interesting diagram portraying the way in which the Oligarchs transferred their shares in a number of complicated stages ultimately hiding their ownership.
20 Oct 2015
Gitas Anilionis began working for Mr. Lebedev as an assistant on 1990 and moved through the ranks within a joint venture called SP Russian Trust and Trade (RTT). He describes how RTT was instructed to execute a series of transactions transferring ownership or Yukos to offshore companies.