'Russian metallurgical giant Norilsk Nickel (Nornickel) has fully paid off more than 146 billion rubles ($1.97 billion) in damages for a spill that dumped thousands of tons of diesel fuel into the Russian Arctic last year.
The company -- owned by Russia's richest man, Vladimir Potanin -- said in a statement on March 10 that its subsidiary, Norilsk-Taimyr Energy Company (NTEK), had received the sum from Nornickel and paid all fees that were due in full.
Last month, the Krasnoyarsk City Court of Arbitration ruled that almost all of the sum, the largest legal award in Russian history, must go to the federal treasury, while around 1.3 billion rubles ($17.5 million) must go the budget of the city of Norilsk, where more than 21,000 tons of diesel leaked into the environment from a tank at NTEK's thermal power plant in May last year.'
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Russian Company Pays Largest Legal Award In History -- Almost $2 Billion -- For Devastating Arctic Fuel Spill, March 10, 2021
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