MOSCOW, March 12 - RAPSI. The European Court of Human Rights has refused to reconsider the YUKOS vs. RUSSIA case, the Moscow News newspaper reported on Monday.
The court resolved so on March 8, but the parties have yet to be notified of the resolution, said Georgy Matyushkin, the Russian representative at the court. The court's judgment in the YUKOS case "suits" Russia, he added.
The European court stated the oil company used a complex scheme, which involved shell companies registered in low-tax regions in Russia to minimize taxes.
Therefore, the main complaint of the YUKOS shareholders about the political motives behind the company's bankruptcy and the Russian authorities biased attitude will remain unattended.
YUKOS, a former oil giant owned by Mikhail Khodorkovsky, filed an application with the Strasbourg court in 2004 against the Russian tax authorities for illegal property seizure. The application was accepted in 2009.
The Strasbourg court ruled in September 2011 that Russian authorities violated several articles of the European Convention for Human Rights and declared the trials against YUKOS unfair. Meanwhile, the court found no political bias in the cases.
Mr. Pierce Gardner, a British counsel for YUKOS, contested the judgment and sought its review.
The YUKOS case has been one of the most high profile in Russia in recent years. In the early 2000s, the authorities accused YUKOS management of embezzlement and tax evasion. YUKOS was later declared bankrupt and its assets were transferred to the state-run Rosneft company.