Russia has chosen the NGOs for coordination of protection of property abroad

Russia has chosen the NGOs for coordination of protection of property abroad


Russia has signed a contract with the International centre for the legal protection, which will defend the country’s interests in courts of different countries, including, in the case of Yukos.

MOSCOW, 28 Oct. To coordinate the work in order to cancel the decision of the Hague arbitration on the Yukos case and the protection of Russian property abroad will be Autonomous nonprofit organization international centre for the legal protection (MCPS), said a source familiar with the situation.

According to him, the former shareholders of YUKOS oil company are making in some countries, seizure of property of the Russian Federation by the decision of the Hague court. As reported, in July 2014 the court of arbitration in the Hague unanimously upheld the claim of former shareholders of Yukos and ordered Russia to pay 50 billion dollars. The Russian Federation appealed against this judgment, however, the former shareholders of the company appealed to the courts of five countries with a demand for arrest of the property of Russia.

“When advocating for the interests of the Russian Federation in the courts of different countries needed a coordinator. Was chosen for this international centre for the legal protection, which signed a contract”, — said the Agency interlocutor.

According to him, MCPS has the responsibility for the conclusion of contracts with lawyers in those countries where it is necessary in the courts to defend the interests of the Russian Federation, in addition, the centre will undertake overall coordination of the process to check the legal position.

Currently also defined the legal company that will represent Russia in the national courts, the source added.