MOSCOW, June 20 – RAPSI. The European Court of Human Rights (ECHR) will start hearing the dispute between YUKOS and Russia over the amount due to the company for the court-recognized violations of its rights, the Moscow News newspaper reports.

YUKOS complained to the court in 2004 about the tax authorities' alleged unlawful takeover of its property. The company claimed $98 billion in compensation for losses inflicted on its former shareholders.

The court declared Russia in breach of several articles of the European Convention for Human Rights, but found no political bias in the cases.

However, the court did not determine the compensation amount to give the parties time to agree upon the issue within three months after the judgment enters into force.

According to the paper, the parties have not negotiated the issue and ECHR will now set the award amount.

The Council of Europe’s cabinet has placed the judgment's enforcement under supervision.

The YUKOS case has been one of the most high profile in Russia in recent years. In the early 2000s, when YUKOS was the country's largest oil company, its executives were charged with economic crimes. YUKOS later went bankrupt and its assets were acquired by the state-run Rosneft.