Russian court recovers Yukos tax debt

More than 75% of the beleaguered Yukos oil company’s 2000 tax debt has been recovered from the company, a Russian Justice Ministry official was quoted as saying today.

Andrei Belyakov, head of the Ministry of Justice’s bailiff department, told the Interfax news agency that bailiffs now had 75bn roubles (€2bn) of Yukos’ 99bn rubles tax bill (€2.76bn).