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Belgian Minister of Foreign Affairs Didier Reynders said that authorities will unblock the Russian owned assets that had previously been frozen as part of the Yukos case in Wuhan, China, Sunday. He stated that the accounts of the Russian Embassy and of the nation's offices such as the Foreign Ministry have already been unblocked at the ING Bank. He went on to say that the accounts belonging to other Russian officials including those residing in Belgium are set to be unfrozen on Monday. "All other accounts will be unfrozen at the beginning of the week," he added after praising the cooperation of Yukos, bank and Russian officials. Yukos Universal Limited, dismantled in 2007, was awarded €1.6 billion ($1.8 billion) in damages by the Permanent Court of Arbitration in The Hague in July 2014, as part of a total settlement for approximately €44 billion ($50 billion), that the court ruled Russia owed to Yukos's former shareholders and management.


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