Keyword: yukos

Brevity: Headers | « Text »
  • Russian Tycoon: We Must Prepare For Putin’s Inevitable Downfall

    10/07/2014 2:24:46 AM PDT · by elhombrelibre · 7 replies
    The Daily Beast ^ | 4 Oct 14 | Josh Rogin
    The man who spent 10 years in prison for crossing Putin says the Russian regime will fall, one way or the other, and those who want a democracy to replace it need to get organized now. In December 2013, when Vladimir Putin released Mikhail Khodorkovsky from prison after 10 years, the former oil tycoon and political prisoner said he would not enter politics.... “When I left prison, I announced that I am not interested in engaging in politics. I never promised anyone I wouldn’t engage in it and I continue to be not interested in engaging in it,” Khodorkovsky told...
  • I Am Ashamed Of What Russia Has Become

    11/27/2010 12:37:38 PM PST · by devere · 11 replies · 1+ views
    Business Insider ^ | November 6, 2010 | Mikhail Khodorkovsly
    I can recall October 2003. My last day as a free man. Several weeks after my arrest, I was informed that president Putin had decided: I was going to have to “slurp gruel” for 8 years. It was hard to believe that back then. Seven years have gone by already since that day. Seven years – quite a long stretch of time, and all the more so – when you’ve spent it in jail. All of us have had time to reassess and rethink many things. Judging by the prosecutors’ presentation: “give them 14 years” and “spit on previous court...
  • Less Russian oil for Germany

    08/24/2007 6:31:36 PM PDT · by NCjim · 10 replies · 458+ views
    UPI ^ | August 24, 2007
    BERLIN, Germany (UPI) -- Russia has cut oil supplies to Germany by as much as one-third in recent weeks, worrying energy security experts the move is part of an overall energy strategy change in Moscow. The drop in Russian oil deliveries was first reported in Friday`s Sueddeutsche Zeitung newspaper. The Munich-based newspaper quoted an official from a German refinery who said oil deliveries via the Druzhba oil pipeline network dropped significantly. The refinery, based in Schwedt, near the Polish border, was able to operate on full capacity, but only by relying on domestic and North Sea oil. Owned by BP,...
  • Russia cuts oil supplies to Germany

    08/24/2007 9:54:51 PM PDT · by bruinbirdman · 21 replies · 637+ views
    The Financial Times ^ | 8/24/2007 | Hugh Williamson and Isabel Gorst
    Last updated: August 24 2007 18:58 Russia has made significant cuts to oil supplies sent to German refineries recently, rekindling concerns in Germany over the reliability of Russian energy supplies. Lukoil, Russia’s second largest oil producer, on Friday acknowledged that supplies to Germany had been reduced by about one-third in July and August but refused to explain why the reduction had occurred. Analysts said Lukoil’s decision not to provide previously contracted quantities of oil could be aimed at extracting higher prices from German refineries or be part of Lukoil’s efforts to acquire stakes in German and European refineries. Germany’s economics...
  • russian oil magnate forced to sell to putin loyalist, he says.

    07/31/2007 1:17:41 PM PDT · by ken21 · 6 replies · 386+ views
    new york times ^ | july 31, 2007 | andrew e. kramer
    Mikhail S. Gutseriev, who was once in the tight coterie of Russian billionaires known as oligarchs but has since fallen from favor, accused the government of President Vladimir V. Putin of forcing him out of the company using trumped-up tax claims. The critical letter was the first significant public challenge to Mr. Putin from an influential businessman since the imprisonment four years ago of Mikhail B. Khodorkovsky, the former chairman of Yukos Oil, who is serving an eight-year sentence in Siberia. The development left analysts wondering what the future holds now for Mr. Gutseriev.
  • Chevron Interested in Buying Assets of Oil Giant OAO Yukos, Russian Bankruptcy Official Says

    02/09/2007 4:16:31 AM PST · by Brilliant · 6 replies · 306+ views
    AP via Yahoo! ^ | February 9, 2007 | AP
    MOSCOW (AP) -- U.S. oil company Chevron Corp. has expressed interest in acquiring assets of oil giant OAO Yukos, a Russian bankruptcy official said Friday. Nikolai Lashkevich, a spokesman for Yukos bankruptcy supervisor Eduard Rebgun, told The Associated Press that several international companies had inquired about participating in any auction or selloff of the assets of Yukos, once Russia's largest oil producer. "The receiver's office has received letters expressing interest in acquiring certain Yukos assets from a number of large international companies, including from the U.S. company Chevron," Lashkevich told AP.
  • US State Dept Condemns New Charges Against Khodorkovsky

    02/05/2007 5:44:33 PM PST · by bd476 · 4 replies · 216+ views
    Robert Amsterdam (Khodorkovsky's Attorney) ^ | 5 February 2007 | Sean McMcCormack US Dept Of State
    Today US State Department Spokesman Sean McCormack issued the following comments in response to the new charges applied to Mikhail Khodorkovsky: QUESTION: Do you have any comment on Mikhail Khodorkovsky and the charges that were brought against him today? MR. MCCORMACK: As a matter of fact, I do have something right here. I have something prepared on this. Let me read it to you. As we have commented in connection with the original trial, the continued prosecution of Mikhail Khodorkovsky and the dismantlement of Yukos raise serious questions about the rule of law in Russia. Khodorkovsky and his associate, Platon...
  • Dead Russian spy planned blackmail: acquaintance ['60 minutes' working for Putin]

    01/06/2007 2:12:56 AM PST · by AdmSmith · 13 replies · 872+ views
    Reuters ^ | January 05 2007 | unknown
    NEW YORK (Reuters) - An acquaintance of a former Russian agent killed by radiation poisoning in London said in a television interview that Alexander Litvinenko, who accused Russian President Vladimir Putin of ordering his murder, had planned to blackmail a wealthy Russian businessman. Russian Julia Svetlichnaya said she was a graduate student in London when she spoke to Litvinenko -- a former Russian state security officer who died on November 23 in London after ingesting polonium 210 -- about a book she was writing. "He told me ... he's doing a project for blackmailing one of the Russian oligarchs (exiled...
  • More Prison Time for Khodorkovsky?

    12/28/2006 12:10:56 PM PST · by sergey1973 · 4 replies · 341+ views
    The Moscow Times ^ | December 28, 2006 | Nabi Abdullaev
    Jailed Yukos founder Mikhail Khodorkovsky is looking at a possible 15-year prison term in connection with a money-laundering inquiry. The prison term would come on top of the eight years he is already serving. Prosecutors on Wednesday questioned Khodorkovsky as part of their inquiry. "Khodorkovsky is suspected of stealing oil revenues from Yukos subsidiary firms and then laundering these funds by donating them to Open Russia," Khodorkovsky's lawyer, Yury Shmidt, said by telephone from the regional capital, Chita.
  • Russia links YUKOS boss to Litvinenko

    12/27/2006 12:26:05 PM PST · by A. Pole · 33 replies · 630+ views
    Reuters ^ | Wed Dec 27, 2006 | Guy Faulconbridge
    MOSCOW, Dec 27 (Reuters) - Russian prosecutors said on Wednesday that Leonid Nevzlin, a former top manager of the YUKOS business empire, could have ordered the poisoning of former Russian agent Alexander Litvinenko. "A version is being looked at that those who ordered these crimes could be the same people who are on an international wanted list for serious and very serious crimes, one of whom is ... Leonid Nevzlin," Russia's prosecutor-general's office said in a statement posted on its Web site www.genproc.gov.ru. [...] A trusted business partner of jailed Russian oil tycoon Mikhail Khodorkovsky, Nevzlin has provoked the Kremlin's...
  • Spanish court issues arrest warrant for Russian lawyer

    11/27/2006 8:14:54 AM PST · by A. Pole · 8 replies · 324+ views
    RIA Novosti ^ | November 25, 2006
    MADRID, November 25 (RIA Novosti) - Spain's National Court has issued a warrant to arrest a Russian attorney detained in a major ongoing crackdown on Georgian and Russian organized crime groups in the country, his lawyer said Friday. Spanish police detained nine people Wednesday night, including Alexander Gofshtein, a lawyer for the bankrupt oil firm Yukos who arrived from Moscow for a meeting in the Soto del Real jail near Madrid with his client, Zakhar Kalashov, who is believed to be a Georgian mafia boss. "No charge has yet been brought against him. Alexander is suspected of involvement in a...
  • Putin's superpower play

    10/28/2006 1:56:40 AM PDT · by bd476 · 17 replies · 615+ views
    The Business Online ^ | 26 October 2006 | Richard Orange & James Forsyth
    Putin’s superpower play By : Richard Orange & James Forsyth26/10/2006Russia has a new weapon with which to bully the West: its vast energy reserves. As the world’s biggest supplier of oil and gas, the Kremlin is determined that industrial muscle will succeed where Marxism failed When a 32-year-old KGB agent called Vladimir Putin was invited to attend the Red Banner Institute in Moscow, one of the Soviet Union’s elite spy colleges, he couldn’t believe his luck. It was 1984 and the young but deeply ambitious Putin was soon being groomed as a specialist in economic and technological espionage. His...
  • The "Yukos Affair", its Motives and Implications

    09/18/2006 11:05:49 AM PDT · by lizol · 34 replies · 629+ views
    CES ^ | August 2006 | Wojciech Kononczuk
    The "Yukos Affair", its Motives and Implications Key points 1. When interpreting the "Yukos affair", it is hard to focus on any single particular motive or explanation that would easily rationalise the government's actions against the company. The "Yukos affair" is a multi-layered process with a number of different reasons for its cause. When one scrutinises the events around the company, the impression may be obtained that the Kremlin seemed at first not to have had any ultimate strategy; the authorities' position evolved as time went by. At first, the conflict was mainly of a political nature; economic factors did...
  • Pichugin Faces Life Sentence in Killings(Yukos-Khodorkovsky)

    08/17/2006 4:25:16 AM PDT · by GarySpFc · 2 replies · 150+ views
    The Moscow Times ^ | 8/17/2006 | Catherine Belton, Staff Writer
    The Moscow City Court is due to hear the verdict Thursday in the politically charged trial of former Yukos security chief Alexei Pichugin, who stands accused of a series of contract killings, including the 1998 murder of Nefteyugansk mayor Vladimir Petukhov. The case is a key part of the state's efforts to link former Yukos CEO Mikhail Khodorkovsky's chief lieutenant, Leonid Nevzlin, to the killings. State prosecutor Kamil Kashayev has asked the court to hand down a life sentence for Pichugin, who is already serving 20 years in jail after being convicted last year of organizing the double murder of...
  • Slovakia says to buy pipeline stake from YUKOS

    08/09/2006 10:43:15 AM PDT · by lizol · 1 replies · 266+ views
    Reuters ^ | 2006-08-09 | Peter Laca
    Slovakia says to buy pipeline stake from YUKOS 2006-08-09 19:19 By Peter Laca BRATISLAVA, Aug 9 (Reuters) - The Slovak government reached a deal with bankrupt Russian oil firm YUKOS on Wednesday to buy back a 49 percent stake in Slovak oil pipeline operator Transpetrol. Economy Minister Lubomir Jahnatek said after negotiations with officials of YUKOS Finance, which formally owns the Transpetrol shares, that the deal was still subject to approval by a U.S. judge overseeing part of YUKOS bankruptcy proceedings. "We need a ruling by a U.S. bankruptcy judge for finalising the matter, and for signing the necessary documentation,"...
  • YUKOS BANKRUPTCY: THE BIG PICTURE

    08/04/2006 2:01:49 PM PDT · by sergey1973 · 5 replies · 373+ views
    Jamestown Foundation ^ | 08-04-2006 | Igor Torbakov
    A court decision declaring Yukos -- once Russia’s largest oil company -- bankrupt has finally brought to an end the sad story of confrontation between private business and a powerful state. But the ruling also highlighted the unhealthy nature of the country’s raw-materials-based socio-economic system. On August 1, the Moscow Arbitration Court ordered the bankruptcy and liquidation of Yukos, a decision that various commentators gloomily described as either a “death sentence” for the company or as its “funeral.” As was widely expected, the court upheld a vote one week earlier by Yukos’s creditors. The latter, led by Russia’s Federal Tax...
  • Russia: Rosneft Debuts On London Stock Exchange

    07/20/2006 10:30:36 AM PDT · by sergey1973 · 3 replies · 237+ views
    RFERL ^ | 07-19-2006 | RFERL
    PRAGUE, July 19, 2006 (RFE/RL) -- The controversial initial public offering (IPO) of Russia's Rosneft oil company on London's Stock Exchange was launched today after a last-ditch attempt to derail the flotation failed. The beleaguered Russian oil company Yukos contested the IPO, saying it amounted to the sale of stolen property because Rosneft acquired Yukos's main oil-production arm in a disputed auction. But that argument was shot down by a British court.
  • Russia: Rosneft's Successful Gamble

    07/14/2006 1:02:40 PM PDT · by sergey1973 · 5 replies · 239+ views
    Radio Free Europe Radio Liberty ^ | July 13, 2006 | Roman Kupchinsky
    The suspense and hype surrounding the initial public offering of Russian state-owned oil giant Rosneft -- now expected to take place next week -- has mounted as major oil companies British Petroleum (BP), China National Petroleum Corp., and Malaysia's Petronas have expressed a firm interest in participating. Reports say BP wants to buy a $1 billion stake in the company. The price for one share of Rosneft has risen to the upper end of the $5.85- $7.85 range. The company says it expects to raise well over $11 billion from the sale of up to 14.9 percent of its shares....
  • US Court Makes YUKOS Happy

    05/26/2006 9:48:01 AM PDT · by lizol · 21 replies · 327+ views
    Kommersant ^ | May 26, 2006 | Natalya Skorlygina, Olga Pleshanova
    US Court Makes YUKOS Happy // Mazeikiu nafta will be sold to a Polish company for $1.425 billion. US court lifted the ban on YUKOS foreign asset sales. Apparently, Dutch company Yukos International UK, that owns 53.7 percent of Lithuanian refinery Mazeikiu nafta (MN), will sign an agreement to sell these shares to Polish PKN Orlen for $1.425 billion today. After that, US court is to resolve the most painful issue for all parties interested in YUKOS—how the returns on MN sale shall be distributed among the disfavored oil company’s creditors. Federal US Bankruptcy Court lifted the ban on YUKOS...
  • Russia's tightened oil market increasing prices worldwide

    04/14/2006 8:01:09 AM PDT · by M. Espinola · 3 replies · 161+ views
    Knight Ridder Newspapers ^ | April, 14th, 2006 | Kevin G. Hall
    Flat production is causing high prices across the nationWASHINGTON - For most of the past decade, Russia, the world's second largest oil producer and exporter, provided the extra supply needed to meet the world's growing thirst for oil. Now its production is flat and the world oil market is drum tight. The timing of Russia's failure to expand oil production couldn't be worse, and experts differ on why it no longer can be counted upon as a swing producer. Some say President Vladimir Putin is deliberately keeping production flat to keep prices high and expand Russian influence. Others think its...
  • State (Russia) Has to Answer for Yukos in U.S.

    03/23/2006 8:16:10 AM PST · by Mazepa · 8 replies · 264+ views
    The Moscow Times ^ | 23.03.2006 | By Carl Schreck and Anatoly Medetsky
    The Russian government has been served with a lawsuit by U.S.-based shareholders of Yukos through diplomatic channels and will have until mid-May to respond or face a possible default judgment ordering the payment of up to $9 million in damages, a lawyer for the shareholders said Wednesday. Thomas Johnson Jr. of the Washington-based law firm Covington & Burling said the U.S. State Department informed him by telephone Tuesday that the Russian government had been served the summons on March 14 as part of a lawsuit brought by 12 holders of Yukos' American Depositary Receipts against the government, a group of...
  • Former Yukos security official faces new murder charges

    03/06/2006 8:44:17 AM PST · by x5452 · 138+ views
    Interfax ^ | Mar 6 2006 6:16PM
    Mar 6 2006 6:16PM Former Yukos security official faces new murder charges MOSCOW. March 6 (Interfax) - The Russian Prosecutor General's Office has brought new charges against former Yukos security service official Alexei Pichugin, who is currently serving a 20-year prison sentence. "First Deputy Prosecutor General of the Russian Federation Yury Biryukov has confirmed an indictment and forwarded Court a criminal case opened against [former] director of the Yukos fourth internal and economic security department Pichugin, Vladimir Shapiro, Gennady Tsigelnik, Yevgeny Reshetnikov, Mikhail Ovsyannikov and Vladislav Levin to the Moscow City," a spokesman for the Prosecutor General's Office told Interfax...
  • Sent to Siberia: the oligarch who had it all - and lost it

    10/31/2005 3:10:19 PM PST · by sergey1973 · 4 replies · 364+ views
    Times Online ^ | October 29, 2005 | Jeremy Page
    An imprisoned oligarch will not allow his spirit to be broken by jail, reports our correspondent ONE man is a former Soviet dissident who spent four years in the gulags and fifteen working as a bus driver before becoming an Orthodox priest. The other is a former Communist youth activist who became the richest man in post-Soviet Russia before he fell foul of the Kremlin and was thrown in jail.
  • Khodorkovsky Issued the First Statement from the Penal Colony (My translation from Russian).

    10/27/2005 12:09:50 PM PDT · by sergey1973 · 25 replies · 606+ views
    Gazeta.ru ^ | 10-27-2005 | Mikhail Khodorkovsky & gazeta.ru
    The first public statement of Khodorkovsky issued from the penal Colony was published. "Since October 16th, I have been living in the land of Decembrists [December 1825 Russian insurgents against Imperial power], political prisoners and uranium pits. I'm 600 Km [400 miles] away from Chita, 6500 KM [4000 miles] away from Moscow. The Kremlin has tried to completely isolate me from the country and the people; moreover--it tried to exterminate me physically. Therefore, those in power proved themselves once more unable to have an honest and open discussion with me (and to have a straight talk with the real opposition...
  • Yukos Dogs Khristenko's U.S. Visit

    10/26/2005 1:12:44 PM PDT · by sergey1973 · 14 replies · 248+ views
    The Moscow Times ^ | October 26, 2005 | Stephen Boykewich and Valeria Korchagina
    Industry and Energy Minister Viktor Khristenko, in Washington with top Russian business leaders to rebuild confidence in U.S.-Russia energy ties after the legal onslaught against Yukos, has been caught up in a lawsuit by U.S. shareholders in the shattered oil company. A spokesman for the plaintiffs said Khristenko was served with the lawsuit just after meeting with U.S. President George W. Bush on Monday -- and hours after a speech asserting that Russia was not engaged in renationalizing its oil and gas sector. Twelve shareholders of Yukos American Depositary Receipts filed suit against the Russian government, four state-owned energy giants...
  • Gazprom to Buy Sibneft Stake for $13.01B (nationalization)

    09/28/2005 8:46:24 AM PDT · by Lukasz · 4 replies · 299+ views
    ABC News ^ | Sep 28, 2005 | ALEX NICHOLSON
    MOSCOW Sep 28, 2005 — Gazprom, the world's largest natural-gas producer, has agreed to buy a majority stake in the Sibneft oil company for $13.01 billion in a deal that will significantly further the state-controlled company's stature in the oil sector as Russian President Vladimir Putin moves to recapture government influence in the lucrative energy industry. Gazprom, which came under state control in June when the government increased its stake to above 50 percent, has long been groomed as a state energy company to rival Saudi Arabia's Aramco. The companies said an agreement was signed Wednesday between Gazprom and Sibneft's...
  • More Kremlin control may hit oil firms' efficiency

    09/08/2005 2:59:08 PM PDT · by Tailgunner Joe · 2 replies · 182+ views
    Reuters ^ | Sep 8, 2005 | Andrew Hurst
    MOSCOW (Reuters) - As the crown jewels of Russia's oil industry are drawn back into the Kremlin's embrace after being sold into private hands in the 1990s, some analysts are concerned they may be mismanaged under state ownership. By reclaiming firms bought for a song in a scandal-tainted sell-off of state companies in the 1990s, which made a handful of people fabulously rich and caused popular outrage, the Kremlin sees itself setting a historic grievance to rights. But the government could also be putting in place a system akin to Italy in the 1970s and 1980s, when private capitalism rubbed...
  • Yukos founder 'on hunger strike'

    08/24/2005 12:04:51 PM PDT · by lizol · 1 replies · 224+ views
    CNN ^ | Tuesday, August 23, 2005 | Max Tkachenko
    Yukos founder 'on hunger strike' From CNN Producer Max Tkachenko Tuesday, August 23, 2005; Posted: 2:40 p.m. EDT (18:40 GMT) MOSCOW, Russia -- Imprisoned Russian oil magnate Mikhail Khodorkovsky has gone on a hunger strike to protest the treatment of his business partner, who is being held in solitary confinement, his lawyer Anton Drel told CNN. Khodorkovsky said he will stop the strike as soon as Platon Lebedev is released from solitary confinement. On May 31, a Russian court found Khodorkovsky and Lebedev guilty of tax evasion and other crimes and sentenced each to nine years in prison. The court...
  • http://www.themoscowtimes.com/stories/2005/08/16/041.html

    08/16/2005 11:19:35 AM PDT · by sergey1973 · 5 replies · 291+ views
    The Moscow Times ^ | August 16, 2005 | Catherine Belton
    The Audit Chamber has confirmed that the Federal Treasury transferred $5.3 billion to a state-owned bank on Dec. 30, 2004, the same day that state-owned oil major Rosneft bought rival Yukos' main production unit, the business daily Vedomosti reported Monday. The report is a further indication that Rosneft may have dipped into state coffers to buy the Yuganskneftgaz, the Yukos unit auctioned off to recover a towering tax debt.
  • U.S. declines to comment on Russia's extradition request

    07/16/2005 3:46:12 PM PDT · by jb6 · 191+ views
    Russia Journal ^ | July 15, 2005
    WASHINGTON — The U.S. State Department refused to comment on Russia's request to hand over Russian businessman Leonid Nevzlin, currently on international wanted list. State Department spokesman Tom Casey said the department has never commented on extradition requests, adding that there is no bilateral agreement on extradition between the United States and Russia. Casey said he had no information on whether Nevzlin is still in the United States. On Tuesday, Russia asked the United States to hand over the former top Yukos manager, who has reportedly been in the Unites States for a week. On Wednesday, Nevzlin asked the U.S....
  • Former Yukos security official faces new criminal charges

    07/05/2005 12:36:09 PM PDT · by jb6 · 156+ views
    Interfax ^ | Jul 5 2005
    MOSCOW. July 5 (Interfax) - The Russian Prosecutor General's Office has completed a probe into new episodes in the criminal case against Yukos' former security official Alexei Pichugin. Deputy Prosecutor General Vladimir Kolesnikov announced on Tuesday that the three new episodes involve charges of committing and attempting to commit murders, including attempts on the lives of the mayor of Nefteyugansk Vladimir Petukhov, businessman Nikolai Rybin and former Yukos employee Nikolai Kolesov.
  • Ex Fargoil boss detained [More on Yukos affair.]

    06/15/2005 1:56:03 AM PDT · by familyop · 2 replies · 350+ views
    Finance24, SA ^ | 18JUN05 | Edited by Adrienne Taylor
    Moscow - Authorities have detained the former chief of a Yukos subsidiary, the embattled oil company confirmed on Monday, saying the allegations against Antonio Valdes Garcia were unfounded. A website established by lawyers for the jailed former Yukos CEO, Mikhail Khodorkovsky, had said on Friday that Garcia was detained the day before upon arrival in Russia. A Yukos spokesperson said Garcia, a native of Russia, also had Spanish citizenship. Garcia was general manager of Yukos subsidiary Fargoil until last year, Yukos said on its website. He was being held in Moscow while being interrogated by Russian prosecutors, it said. The...
  • Russian capital flight rises

    06/15/2005 1:34:30 AM PDT · by familyop · 6 replies · 431+ views
    The Guardian ^ | 14JUN05 | Mark Milner
    Capital flight from Russia is heading towards levels not seen since just before the financial crisis in 1998, according to a leading debt-rating agency. About $33bn (£18.2bn) was moved abroad last year, underlining concerns about the business climate and the lack of trust in the country's institutions and its property rights, Fitch Ratings said in a report issued yesterday. The agency calculates that capital flight has reached $100bn over the last four years. "Not only is it [capital flight] unusually large, but it is also rising. Last year's total was the highest since 1997, when Russians headed for the exits...
  • The Rollback of Democracy In Vladimir Putin's Russia

    06/09/2005 6:37:57 AM PDT · by KiraZ · 3 replies · 364+ views
    Washington Post ^ | 06/07/05 | Peter Baker and Susan Glasser
    On a cold afternoon in the winter of 2004, Vladimir Putin summoned his long-serving prime minister to his Kremlin office. "Unfortunately," Putin told him, "I have to fire you." Mikhail Kasyanov was stunned. The Russian president gave no reason for the abrupt dismissal. Facing a national vote on his reelection just two weeks away, Putin had chosen a surprising time to shift governments. As he absorbed the news, Kasyanov assumed he would have to leave after the election. No, Putin corrected the prime minister. "I mean now." The power of paranoia had gripped the Kremlin. For four years, the men...
  • Khodorkovsky sentence hurts Russia's reputation - U.S. embassy

    05/31/2005 1:29:46 PM PDT · by lizol · 19 replies · 364+ views
    Interfax ^ | May 31 2005
    Khodorkovsky sentence hurts Russia's reputation - U.S. embassy MOSCOW. May 31 (Interfax) - The U.S. government plans to give detailed consideration to the sentence against former Yukos CEO Mikhail Khodorkovsky and his business partner Platon Lebedev, a spokesman for the U.S. Embassy in Moscow told Interfax on Tuesday. The United States understands the sentence is a rather complex document and Khodorkovsky and Lebedev have the right to appeal, the spokesman said. A variety of aspects of the Yukos affair, among them reversible tax claims, frozen accounts that could not be used to pay taxes, and dubious auctions have raised a...
  • Russian oil tycoon Khodorkovsky found guilty, sentenced to nine years in prison

    05/31/2005 11:46:55 AM PDT · by nickcarraway · 21 replies · 485+ views
    The Star (Malaysia) ^ | Tuesday May 31, 2005
    MOSCOW: A court declared oil tycoon Mikhail Khodorkovsky guilty of an array of charges Tuesday including fraud and tax evasion, and sentenced him to nine years in prison minus time served. The declaration of guilt and sentence came in the 12th day of the laborious verdict-reading process in the most closely watched trial of post-Soviet Russia, and one that has been widely criticized as politically motivated. Khodorkovsky, the former head of the Yukos oil company and once estimated to be Russia's richest man, has already spent 583 days in jail, meaning he would serve about another seven and a half...
  • Yukos Tycoon Verdict Reading Hits 9th Day

    05/26/2005 2:49:12 PM PDT · by Lukasz · 9 replies · 287+ views
    Top Tech News. ^ | May 26, 2005
    Speaking outside the courtroom, lawyer Konstantin Rifkin repeated the defense team's complaint that the judges had largely ignored the evidence it presented. "The evidence of witnesses is cited very selectively -- what fits with what the prosecution is saying goes into the verdict while there is complete silence on explanations or conclusions that favor our clients," Rifkin said. Judges read the verdict in oil tycoon Mikhail Khodorkovsky's politically charged trial for a ninth day Thursday, going over details of tax evasion charges. Defense lawyers agree that what the judges have read so far guarantees that the court will find their...
  • Yukos verdict drags into Thursday

    05/18/2005 3:06:16 PM PDT · by lizol · 2 replies · 140+ views
    BBC News ^ | Wednesday, 18 May, 2005
    Yukos verdict drags into Thursday The trial of Mikhail Khodorkovsky, once the richest man in Russia and the former boss of oil company Yukos, has been adjourned until Thursday. Earlier, Russian judges read aloud their lengthy ruling in the trial for tax evasion and fraud. A final verdict on the seven counts may come on Thursday but observers say the hearing is likely to drag on for days. Emotions have been running high as one defence lawyer called the trial an "act of reprisal". There have been daily protests outside the court. Stacked odds Mr Khodorkovsky is widely predicted to...
  • Yukos CEO Found Guilty On Most Charges

    05/17/2005 9:50:58 AM PDT · by Lukasz · 57 replies · 657+ views
    RFE/RL ^ | 17 May 2005
    Moscow, 17 May 2005 (RFE/RL) -- A Moscow court today found jailed former Yukos boss Mikhail Khodorkovskii guilty of most of the fraud, tax evasion, and embezzlement charges against him, RFE/RL's Russian Service reported, citing Interfax. The court reportedly has yet to read out its decision on one last charge before it can pronounce a final verdict against Khodorkovskii and his co-defendant, former top Yukos executive Platon Lebedev. It must also read summations of witness testimony. Russian authorities accuse Khodorkovskii and Lebedev of massive tax evasion, illegal privatization, and embezzlement. The prosecution has requested that the oil tycoon get the...
  • Yukos's Khodorkovsky Expected To Be Found Guilty

    04/25/2005 6:07:03 PM PDT · by wagglebee · 4 replies · 276+ views
    NY Sun ^ | 4/25/05 | MICHAEL MAINVILLE
    MOSCOW - It had the beginnings of a classic courtroom drama: Russian special forces storming the private jet of one of the wealthiest and most powerful men in the country; an 800-page indictment outlining charges of massive tax evasion and fraud; allegations of political persecution ordered from the highest reaches of the Kremlin. But as the trial of the Russian oil magnate Mikhail Khodorkovsky crept forward over the last 10 months, it became clear his story was lacking the most important element of any drama: suspense. When the trial's judge, Irina Kolesnikova, hands down her verdict on Wednesday, no one,...
  • End of the rose tinted spectacles

    06/11/2004 11:55:38 AM PDT · by RussianConservative · 2 replies · 227+ views
    Russian Journal ^ | May 31, 2004
    Mikhail Khodorkovsky (TRJ) E-Mail this article Comments to Editor Discussion Forum Printer-Friendly Advertisement The spectacle of the trial of two of Russia’s richest men has now begun in Moscow. The charges against Platon Lebedev and Mikhail Khodorkovsky are serious, laboriously documented and damning. The clumsiness of the Russian prosecutorial, judicial and prison system notwithstanding, the way in which the charges, evidence, and defence testinomy are handled by the court will have long standing ramifications. The Russian and world media, human rights groups, think tanks, foreign embassies, investment institutions, banks with loan exposure to Russia, share-buyers and speculators are all watching...
  • Yukos Trial Ends With Applause

    04/12/2005 10:21:45 AM PDT · by sergey1973 · 19 replies · 509+ views
    The Moscow Times ^ | 04-12-2005 | Valeria Korchagina
    In an impassioned and at times emotional appeal, Mikhail Khodorkovsky on Monday closed his defense with a 39-minute address to the court that left his relatives, lawyers and even reporters applauding and some supporters wiping away tears. The verdict for Khodorkovsky and his business partner Platon Lebedev is to be delivered at noon on April 27, Judge Irina Kolesnikova said after Khodorkovsky's speech was over. Both men face up to 10 years in prison, the maximum sentence demanded by prosecutors on charges of fraud, embezzlement and tax evasion. Addressing the court from the defendants' cage he has shared for the...
  • YUKOS SECURITY MAN PICHUGIN SENTENCED TO 20 YEARS OF IMPRISONMENT

    03/30/2005 12:29:30 PM PST · by jb6 · 167+ views
    RIA Novosti ^ | 2005-03-30
    MOSCOW, March 30 (RIA Novosti) - According to the sentence of the Moscow City Court, Pichugin will serve his sentence in a maximum-security prison. Another defendant in the case, Alexei Peshkun, has been sentenced to four years, and he will also serve this sentence in a maximum-security prison. The judge passed the sentence on the basis of the jurors' verdict. Since the trial was held behind the closed doors, the judge announced only the resulting part of the sentence. "The court bases its sentence on the accusatory verdict of the jurors and has found him guilty of murders and attempted...
  • Russian Politics, Playing With Fuhrer

    03/29/2005 6:49:06 PM PST · by RWR8189 · 6 replies · 337+ views
    Washington Post ^ | March 29, 2005 | Masha Lipman
    Sergei Mironov, speaker of the Russian upper house, was talking recently about the "real threat of a fascist putsch in Russia" -- "a new fuhrer with fascist-type, nationalist ideology" emerging in the 2008 presidential campaign. But while it would seem that so grave a danger calls for urgent and resolute action, Mironov sounded vague and nerveless about what should be done. Perhaps, he mused, the looming threat would simply impel the Russian people to ask President Vladimir Putin "to stay, not to leave" in 2008, when his constitutional term expires. The idea that the Kremlin might use the risk of...
  • Kremlin Aide Predicts Repeat of Yukos-Style Cases

    03/29/2005 12:57:39 PM PST · by sergey1973 · 27 replies · 313+ views
    MosNews ^ | 03-29-2005 | MosNews
    Russia will continue to use legal measures to stamp out tax evasion, despite cases like the Yukos trial hurting the country’s image, presidential aide Igor Shuvalov announced Tuesday at an annual investment conference of the U.S. Chamber of Commerce in Moscow, Reuters reports. “No one wants to repeat the Yukos thing again, but…such measures will continue to be used when it comes to taxes,” he said. “Everyone has to pay taxes. Even if it were not Yukos itself, there would have been some other company that would have had to answer for tax evasion.”
  • Yukos Exile Nevzlin Accuses Putin of Stalinism

    03/23/2005 2:09:59 PM PST · by lizol · 5 replies · 426+ views
    mosnews.com ^ | 21.03.2005
    Yukos Exile Nevzlin Accuses Putin of Stalinism MosNews The situation in Russia today can be described as Stalinism, Leonid Nevzlin, a core Yukos shareholder and a longtime business associate of Russian oil tycoon Mikhail Khodorkovsky, told the New York Times on Sunday. The longtime business associate of the imprisoned oil tycoon spoke out from self-imposed exile in Israel, denying criminal charges by the Russian authorities and saying the accusations against him are a continuation of a Kremlin campaign of intimidation. “The situation in Russia today I would describe as Stalinism,” Leonid Nevzlin said in a interview at his home in...
  • SPAIN ACCUSES YUKOS OF SUPPORTING INTERNATIONAL CRIME

    03/14/2005 10:14:56 AM PST · by jb6 · 1 replies · 331+ views
    RIA Novosti ^ | March 14
    MOSCOW, March 14. (RIA Novosti)-At the end of last week, Spanish police identified the biggest financial fraud in the country's history: 41 people suspected of laundering €250 million were arrested. They included Russians and Ukrainians. The main company involved in this case is Yukos, Finansoviye Izvestia writes. The money earmarked for laundering was first sent to a Dutch firm, then to an account held by Del Valle Abogados, a law firm based in Marbella. "The Yukos money was evidently laundered in Spain and put into real estate on the Costa del Sol. This Yukos money was illegally changed into investment...
  • Yukos caught up in Spain money-laundering case

    03/14/2005 6:52:55 AM PST · by Destro · 2 replies · 267+ views
    ft.com ^ | March 14 2005 02:00 | Mark Mulligan
    Yukos caught up in Spain money-laundering case By Mark Mulligan in Madrid Published: March 14 2005 02:00 | Last updated: March 14 2005 02:00 Yukos, the Russian oil company, has been caught up in what Spanish authorities call Europe's largest money-laundering case, uncovered in weekend raids on the country's Costa del Sol. Spain's interior ministry yesterday alleged that funds illegally siphoned from Yukos, which has been hit by a $28bn (£15bn, €21bn) claim for back taxes by the Russian authorities, had been discovered on the Mediterranean coast as part of a broader money-laundering investigation. It said political and judicial authorities...
  • Spain 'cracks $300m money racket'

    03/13/2005 12:05:58 PM PST · by Ernest_at_the_Beach · 2 replies · 282+ views
    BBC ^ | Sunday, 13 March, 2005, 07:45 GMT | staff
    Spain 'cracks $300m money racket' It was Spain's biggest investigation Police in Spain say they have smashed a massive international money-laundering ring centred on the southern coastal resort of Marbella.Forty-one people of at least five nationalities were arrested. The group is suspected of laundering more than $300m (£155m) for gangs involved in murder, drug trafficking, arms dealing and prostitution. Spanish authorities said they suspected some of the cash was illegally siphoned from Russian oil company Yukos. A spokesman for Yukos has denied any involvement in money-laundering. Yukos defiant A boat, two planes and more than 40 luxury cars were...
  • Rivals demand probe into Putin-German spy link

    02/28/2005 5:05:09 AM PST · by Tailgunner Joe · 6 replies · 474+ views
    The Standard ^ | February 28, 2005 | Tom Parfitt
    Opponents of Russian President Vladimir Putin are calling for an investigation into his links with a German banker who was exposed last week as a former East German spy. Documents uncovered in a Berlin archive revealed Matthias Warnig, 49, who played a leading role in the controversial forced sell-off of part of the Yukos oil giant, was once an agent of the East German secret police, the Stasi. Yukos' Siberian unit was sold at rock-bottom prices According to research by The Wall Street Journal, Warnig - now the head of the Russian division of Germany's Dresdner Bank - cooperated with...