Jailed ex-CEO says Yukos "destroyed" by Russian aunction sale

[JURIST] In a statement circulated Monday, jailed former Yukos Oil CEO Mikhail Khodorkovsky said that the auction sale of Yukos' main Yuganskneftegaz production arm to little-known Baikal Finance Group Sunday had "destroyed" the company and had given the Russian authorities a "wonderful Christmas present." Khordorkovsky is currently on trial in Moscow for tax fraud (official trial website in English here). Meanwhile, controversy still surrounds the putative buyer of the Yukos asset, now alleged by various stories in the Russian press to be a front for Gazprom, the Russian state energy company, or at the very least a company that Gazprom might buy out. From Russia, MosNews.com has local coverage in English.



 

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