Title

The “Yukos Affair” and Its Implications for Politics and Business in Russia

Wednesday, July 13, 2005
192 Dirksen Senate Office Building
Washington, DC 20515
United States
Members: 
Name: 
Hon. Chris Smith
Title Text: 
Co-Chairman
Body: 
Commission on Security and Cooperation in Europe
Statement: 
Witnesses: 
Name: 
Mr. Leonid Nevzlin
Title: 
Former Executive
Body: 
Yukos Oil
Name: 
Mr. Peter Roudik
Title: 
Senior Foreign Law Specialist
Body: 
Law Library of Congress

Co-Chairman of the Commission on Security and Cooperation, Hon. Chris Smith, addressed the subject of the rule of law in Russia and its relationship to business and politics in the context of Russia’s approaching chairmanship of the G-8 at the end of the year. An argument was made that the Yukos case was characterized by selective prosecution and blatant legal arbitrariness. The potential outcomes of Russia indifference or hostility to the rule of law were also addressed.

Witnesses testifying at the briefing – including Leoni Nevzlin, Former Executive of Yukos Oil, and Peter Roudik, Senior Foreign Law Specialist for the Law Library of Congress – examined the deficiencies of Russia’s legal system and the shortcomings of the criminal justice reform that was supposedly implemented and completed successfully.

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