Yukos accounting division raided
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Russian prosecutors have continued their onslaught against the country&#39;s largest oil producer, raiding the accounting division of Yukos and seizing documents.
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Russia&#39;s top oil exporter, Yukos, said yesterday it would open new bank accounts to fund its daily operations after bailiffs seized accounts of its main oil-producing units.
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Police raided the offices of Germany's Air Berlin PLC as part of an investigation into claims of insider trading ahead of its acquisition of rival dba last year, the carrier said Tuesday. via Sympatico Finance
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The Russian oil company, Yukos, continued its legal battle with the Russian government in two-thousand-four. The government reported this year that Yukos owed more than twenty-seven thousand million dollars in taxes.
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Russia&#39;s Tax Ministry yesterday charged OAO Yuganskneftegaz, the biggest production unit of OAO Yukos Oil Co., with 27.8 billion rubles ($951 million) in unpaid taxes for 2002, a Yukos official said.
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Law enforcement agencies raided the head office of Russian oil giant OAO Yukos and the company&#39;s most important subsidiary, a Russian news agency reported Wednesday.
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Russia pressed ahead yesterday with controversial plans to break up the country&#39;s biggest oil company Yukos, setting a date of December 19 for an auction of its main production unit at a bargain basement starting price of $8.65bn (Â£4.88bn).
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Shares in Yukos, the Russian oil group beset by difficulties, dropped sharply yesterday after reports that the authorities had launched fresh tax claims against it, totalling up to $7 billion.
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Japanese banking giant UFJ is raided by prosecutors investigating whether the group hindered an official probe into bad loans.
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Russian Law Enforcers on Wednesday conducted searches in the main office of the Yukos Oil Company in Moscow and in the office of the Yuganskneftegaz company in the Siberian city of Neftyugansk, the Interfax news agency reported.
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Prosecutors searched the offices of the Yukos oil giant's biggest Siberian subsidiary Friday as this month's auction approached against the parent company's crippling back tax debts.
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The embattled Russian oil group Yukos has filed for bankruptcy in the US and appealed for a temporary injunction preventing the forced sale of its main production unit, it was announced today.
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Battered Russian oil major YUKOS  YUKO.RTS said on Friday that Russian state oil firm Rosneft's  assumption of control over key unit Yuganskneftegaz was  tantamount to an "illegal seizure" of its asset.
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Yukos oil company said it had filed for bankruptcy and reorganization in a United States Court, under Chapter 11 of the US Bankruptcy Code.
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Yuganskneftegas - went under the auctioneer&#39;s hammer on Sunday - seized by the government to recoup some of the vast tax debts it says Yukos owes.
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The core shareholder group of the Russian oil company Yukos has launched legal proceedings against the Kremlin under the international energy charter and says it will sue the company that wins its main production unit at auction next month, in a last
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Russia&#39;s Tax Ministry has slapped Yukos with a collection order on part of a back tax claim, raising the total due to $6.1 billion, the embattled company said Tuesday.