Mikhail Gutseriyev (file photo) (ITAR-TASS)
August 8, 2007 -- The Russian Interior Ministry said today that it has seized all shares in the Russian oil company Russneft.
A Moscow court on July 31 approved the ministry's request to seize the shares in connection with a criminal investigation of the company's former chief executive, Mikhail Gutseriyev.
Russian law-enforcement authorities accuse Gutseriyev of tax evasion and "illegal business activities."
Russneft is one of Russia's top 10 oil firms in terms of production.
(Interfax, AFP)
Russian law-enforcement authorities accuse Gutseriyev of tax evasion and "illegal business activities."
Russneft is one of Russia's top 10 oil firms in terms of production.
(Interfax, AFP)
RFE/RL Russia Report
RFE/RL Russia Report