Russia has been ordered to pay about $2.5bn (£1.5bn; 1.9bn euros) to former shareholders in defunct oil group Yukos by the European Court of Human Rights.
Former Yukos boss Mikhail Khodorkovsky spent 10 years in jail
Russia’s Justice Ministry said the latest ruling was “unfair” and it had three months to appeal the decision.
Earlier this week, a court in the Hague told Russia to pay $50bn to former Yukos shareholders.
It said Russian officials had manipulated the legal system to bankrupt the company and jail its boss.
Russia has already said it will appeal the Hague court’s ruling.
Yukos was disbanded in 2007 after filing for bankruptcy in 2006. It was controlled by Mikhail Khodorkovsky, once Russia’s richest man, who spent ten years in jail after being convicted of fraud and tax evasion.
He was pardoned in December last year.
Source: BBC