TSXV:HRE.H - Post by User
Comment by
PaleFaceon Aug 17, 2014 3:16pm
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Post# 22850452
RE:RE:Arbitration 2,3,4,5.....?
RE:RE:Arbitration 2,3,4,5.....?It doesn't matter to us whether they leave or stay and hopefully they bolt and get picked up in some law abiding country that respects shareholders rights, and end up in jail for a very long time or are brought back to Krgyz to face the music. Their fate is sealed they owe the money and they wll pay one way or another if anything the Russian should explain it to them seeing as they are in the same boat. Russia may be stripped of assets around the world after an international court ruled it must pay $50billion in compensation for the government's role in destroying the country's largest oil company. Yesterday's verdict by the Permanent Court for Arbitration increases the economic and diplomatic isolation of Russia at a time when it faces new, potentially painful sanctions from Western powers. Yukos was once Russia's biggest oil company, but was broken up after anti-Kremlin owner Mikhail Khodorkovsky was arrested in 2003, shortly after President Vladimir Putin warned Russia's growing class of oligarchs against meddling in politics. Russia-faces-having-assets-seized-world-international-court-rules-pay-50billion-shareholders-energy-company-Putins-government-destroyed.