Khodorkovsky condemns Yukos &#39;fraud&#39;
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Mikhail Khodorkovsky, Russiaâs richest man until his arrest on fraud and tax evasion charges last year, from his Moscow prison cell today accused the Kremlin of stealing his Yukos oil empire by manipulating the law.
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OAO Yukos Oil Co., Russia&#39;s second- largest oil producer, called on banks to reconsider participation in the sale of its biggest unit, after a US judge temporarily barred them from the process.
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More than 75 per cent of the beleaguered Yukos oil companyâs 2000 tax debt has been recovered from the company, a Russian Justice Ministry official was quoted as saying today.
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Independent lawmaker Vladimir Ryzhkov called the looming sale of the Yukos oil company&#39;s core production unit legal chaos and criticized the role of the Western investment bank that valued the subsidiary.
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The former management of Russian oil company Yukos condemn the move to auction off the company's assets.
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The sale by auction of the main production arm of Russian oil company Yukos is scheduled to take place today. Yukos&#39;s troubles began when its founder and key shareholder, Mikhail Khodorkovsky, broke an unwritten
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The attack on the major Russian oil company, YUKOS, which led to the arrest of its chairman and CEO, Mikhail Khodorkovsky, and his shares, and subsequently to his resignation, is a watershed event in post-communist Russian history.
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MOSCOW, December 16 (RIA Novosti) - Mikhail Khodorkovsky, the ex-chief of the YUKOS oil major, is upset that company managers have filed a lawsuit with an American court.
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VLADIMIR PUTIN, the Russian President, yesterday poured scorn on the US legal system when he defended the takeover of Yuganskneftegaz, the Yukos oil production
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MOSCOW - President Vladimir Putin delivered a tough defense Thursday of the secretive transfer of the crumbling Yukos oil empire&#39;s most lucrative fields to a state company, adding acidly that a US judge who sought to block the sale most likely couldn&#39;t
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Jailed Russian oil magnate Mikhail Khodorovsky says he expects he will lose control of the giant oil firm Yukos because of the company&#39;s current tax bill totaling more than $7 billion.
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Yukos warned yesterday it could declare bankruptcy within months following fresh tax claims that could leave Russia&#39;s biggest oil company facing an astronomical bill of $17 billion (R104 billion).
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Bankrupt Russian oil major YUKOS (YUKO.RTS: Quote, Profile, Research) on Tuesday said it would place ads in newspapers worldwide declaring its intention to seek damages of over $20 billion from parties involved in the sale of
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MOSCOW - Yukos oil company founder Mikhail Khodorkovsky, who has been in a Russian jail for more than a year on fraud and tax evasion charges, has written a letter from prison accusing the Kremlin of stealing his empire.
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RUSSIAâS business leaders are bracing themselves for a further assault from the Kremlin after the effective renationalisation last week of Yukos, the oil company formerly headed by Mikhail Khodorkovsky, the jailed billionaire tycoon.
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December 24, Yesterday was the first time RF President Vladimir Putin sharply criticized US actions and attitudes on Ukraine, Chechnya, YUKOS, and the issue of democracy within Russia.
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Description: The Russian government announces the sale of many of the most valuable portions of the oil company Yukos, the firm built by embattled tycoon Mikhail Khodorkovsky.