A Russian News information service
from 1st Russian Translation

Khristenko Confirms Lawsuit

Industry and Energy Minister Viktor Khristenko has confirmed that he was served with a lawsuit against the Russian government and state-owned energy giants by U.S.-based shareholders of Yukos while on an official visit to the United States.

Speaking on Rossia television late Tuesday, a week after his trip to Washington, Khristenko described the incident as "comic."

"During a reception attended by some 300 representatives of Russian and U.S. business, a passerby stuck a folder with something in it under my arm. ... In the morning, it turned out that I had been summoned to court," he said.

Representatives of the plaintiffs have said that Khristenko was served the summons on Oct. 24, immediately after meeting U.S. President George W. Bush, and on the same day the claim was filed with a U.S. district court in Washington.

At the time of the visit Khristenko said through his aide that he knew nothing about the claim.

The lawsuit states that the 12 plaintiffs -- including former U.S. National Security Adviser Richard Allen -- collectively lost $3 million due to the drop in market value of the 115,000 American Depositary Receipts in Yukos they had purchased over a three-year period.

Khristenko, who is being sued as a minister and as a Gazprom board member, has until Nov. 14 to respond to the allegations. Other defendants include Gazprom chairman and presidential chief of staff Dmitry Medvedev, Rosneft chairman and deputy presidential administration head Igor Sechin, Finance Minister Alexei Kudrin, Gazprom CEO Alexei Miller and Rosneft president Sergei Bogdanchikov.

Source: The Moscow Times

Disclaimer - The contents of my news section are taken from Russian sources and are included here for information purposes only. By including this information I hope to give readers an insight into Russian life. I am in no way endorsing, agreeing or supporting any views contained within.

web site translation


I am a qualified member of the following organisations:

translation web site

translation web site


My translation services have been used by the following clients:

Atlantic Estates
AXA Sun-Life (Media Centre)
Brent Town Council
Cameron Powell
Claessens International
Cubo Brand Communications
Deutsche Bank Group
E-Lingua Consulting
Elizabeth Higgins Group
Eye International
Flotsam Films Ltd
Fotosearch Stock Photography
Futures Group (Europe) Ltd
Grosvenor Print & Design Ltd
Industrial Belting Ltd
Lindner & Lindner OEG
McDonald's Restaurants Ltd
Merrill Lynch
National Grid
National Trainers Federation
Net-Translations S.A.
Pacific View Properties
Plaza 107
Shell Global Solutions B.V.
Skjal (Iceland)
Thin Air Design Ltd

University of Bath
Vantrunk Ltd
and many more...

Anna Bowman Translations Ltd, 18 Larkspur Road, Lincoln, LN2 4SS

Registered in England and Wales No. 5536034

Russian Translation
Russian Translation Services Russian Translation Services Freelance Russian Translation Services Marketing Consultancy Lincoln Englisch Russisch Übersetzungen Les jeux éducatifs Playbreak récompensés Sheltons sport drainage Russian Translation UK English to Polish translation uk multilingual web marketing Preisgekrönte Lernspiele von Playbreak cakes and gifts to armenia yerevan Professional Russian Translation UK Shelton sport rasen drainage lösungen Beverley Smith Group training and counselling services lincoln Accurate and professional translation services educational children's games playbreak armenian translation services Property investment company lincoln les solutions de drainage de gazon de sport Shelton technical translations