Yukos v Russia - Russian Constitutional Court - Russian - 19 January 2017
Country
Year
2017
Summary
"The Yukos oligarchs committed egregious tax evasion through transfer pricing.
The Russian Federation's prosecution of the Yukos oligarchs' tax evasion was not politically motivated.
Of course, this tax evasion was only the beginning of the Yukos oligarchs' crimes. They also stole billions from the Russian people during the Yukos privatization through bid-rigging, bribery, embezzlement, and fraud and regrettably continue to this day to enjoy the money-laundered funds produced by this illegal activity.
Very appropriately every international arbitral award that has overlooked the Yukos oligarchs' criminal conduct has been vacated by national courts, either in the Netherlands or in Sweden. The Russian Federation will continue to use all possible legal mechanisms and means to defend its interests in these proceedings."