Fearing Prosecution by Kremlin, Top Executives of Yukos Leave Russia
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Top executives at the Russian oil giant Yukos, including the company's American chief executive and chief financial officers, have left the country.
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MOSCOW, Dec. 19 - Russia dismantled its largest oil producer, Yukos, on Sunday by auctioning off the company&#39;s largest subsidiary to a little-known concern that registered as a last-minute bidder on Friday.
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Under a powdery gray Moscow sky, YUKOS employees trudged through the snow to work on Friday, fearful for the future but afraid to speak out against a government about to dismember the once-mighty oil firm.
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Yukos trading came to a near standstill as investors tired of endless rumours over the fate of Russia's largest oil producer and a Moscow court stuck another dagger in the heart of the wounded giant.
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Two senior executives in the collapsed Yukos oil empire receive long prison terms for fraudulent trading.
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MOSCOW -- A half-dozen executives of Yukos, the embattled oil giant, have left Russia and the company's chief financial officer said he won't return until he learns whether the government plans to charge him.
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The former head of Russia&#39;s once-mighty Yukos oil group said President Vladimir Putin&#39;s drive to liquidate the company has been destructive and senseless.
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BEIJING: Chinese Premier Wen Jiabao left here for Kyrgyzstan and Russia a day after embattled Russian oil giant Yukos said it was slashing supplies to China in a move analysts said was designed to cause maximum embarrassment in Moscow.
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Russia has sold the heart of the Yukos empire in an auction reminiscent of the country's notorious privatizations of the 1990s, analysts said Monday, as the former CEO of the oil company offered bitter season's greetings to the Kremlin from his courtroom cage.
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MOSCOW  - Prosecutors tightened the screws on Yukos on Monday, calling in the oil giant's top in-house lawyer for questioning after searching his office and apartment on the same day the company challenged a freeze on its subsidiaries' bank accounts.
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Yukos drops the threat of legal action against five banks it had accused of involvement in the sale of its key unit.
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Russian oil company Yukos drops the threat of legal action against five banks it had accused of involvement in the sale of its key Yugansk unit.
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The flight to London of CE Steven Theede and chief financial officer Bruce Misamore leaves Yukos rudderless as it faces ruin under a $25bn back tax demand.
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Amid the intrigue surrounding the sale of the largest subsidiary of the Russian oil giant Yukos, the Kremlin effectively wound up with control of about 15 percent of the country&#39;s oil production, which industry analysts had speculated was the government&#39;s
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The American chief executive of Yukos, the embattled oil producer whose top executives left Russia a week ago because they feared government prosecution, said yesterday that he &quot;fully intends
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Moscow - Russia&#39;s justice ministry announced plans Tuesday to break up the Yukos oil giant in a fatal blow to Russia&#39;s largest oil producer and its former Western investor darling who once dared challenge President Vladimir Putin&#39;s rule.
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MOSCOW, Feb. 5 -- Russian prosecutors have leveled new charges against imprisoned oil tycoon Mikhail Khodorkovsky and one of his partners, accusing the fallen businessmen of money laundering and embezzlement in the theft of $20 billion from Yukos, the company they ran.