Report: U.S. Government May Seize Russian Property In Yukos Case

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US Urges Russian Action As Tension Mounts In Eastern Ukraine

Russian government property in the United States could be seized after former shareholders of the Yukos oil company sought recognition of a multibillion dollar compensation award in U.S. courts, London’s Daily Telegraph reported on July 3.

Former shareholders in Mikhail Khodorkovsky‘s defunct oil company are seeking recognition in the United States of a $50 billion award of damages from the Russian government, issued by the Permanent Court of Arbitration in The Hague last year.

If successful, the case could oblige U.S. authorities to freeze Russian government-owned assets, including bank accounts and real estate…

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