Dutch Court Orders Russia To Pay $50B For Dismantled Oil Company

Dutch Court Orders Russia To Pay $50B For Dismantled Oil Company

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Social Studies

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Hard

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The Hague Court of Appeals reinstated a 2014 arbitration ruling ordering Russia to pay $50 billion to Yukos shareholders, accusing Russia of bad faith in using tax claims to seize the company. The tax claims were seen as a move to silence Mikhail Khodorkovsky, a critic of Putin. In 2016, a court overturned the ruling, citing jurisdiction issues. Russia plans to appeal the latest decision.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the amount ordered to be paid to Yukos shareholders?

$10 billion

$500 million

$50 billion

$100 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main accusation against Russia in the 2014 arbitration ruling?

Bribery and corruption

Environmental violations

Illegal oil drilling

Unfair tax claims to seize control

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who was the CEO of Yukos and a critic of President Putin?

Oleg Deripaska

Vladimir Lisin

Mikhail Khodorkovsky

Roman Abramovich

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In what year did The Hague District Court strike down the 2014 ruling?

2014

2016

2020

2018

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the reason given by The Hague District Court for striking down the 2014 ruling?

Lack of evidence

Political pressure

Jurisdiction issues

New legal precedents