Debate - Opinion in English, Russia and Baltic States

Search for article or name

Back to Toni Schönfelders homepage

Toni Schönfelder A lifetime of innovation

Web library-Bookmarks, My favorites

Debate - Opinion in English
Russia and Baltic States

Tillbaka till Tonis hemsida

Mina favoritlänkar, kolla in

Debattartiklar Ryssland

TaxFree handelns vara och icke vara

Tillägnad bussbranschen av Toni Schönfelder oberoende och fri debattör

Debatt artiklar av Harald Rosén (Det gäller flyg)

Artiklar som du bara måste läsa,Vakna upp i Sverige!

Toni Schönfelder
A lifetime of innovation

Verschiedenes in Deutsch

Toni Schönfelder
A lifetime of innovation

RUSSIA: GIANT MEDIA FIRM CHARGED WITH FRAUD OVER ASSETS TRANSFERRED OFFSHORE Russian prosecutors have opened a criminal embezzlement case against the heads of companies belonging to Russia´s biggest independent media group. At issue is the future of Media-Most, a conglomerate headed by Vladimir Gusinsky that includes a radio station, newspapers and NTV, the only non-government television network. The prosecutors are accusing the heads of Media-Most of fraud on the basis that they are transferring abroad assets that are collateral for a loan of $473m (£312m) made to the company by Gazprom, the State gas company. Media-Most says the charges are "absurd". Mr Gusinsky and Media-Most, while admitting the loan, claim they are the victims of crude blackmail by the Kremlin to bring NTV under itscontrol. Vasiliy Kolmogorov, the deputy prosecutor general, said yesterday the fraud charges were made because Media-Most shares used as security for the loan had been moved into offshore funds. He said Mr Gusinsky was being summoned to answer questions. The battle for the control of Media-Most has continued all summer. In June, Mr Gusinsky was thrown in jail for three days. He later agreed a deal pledging to sell Media-Most to an affiliate of Gazprom, its biggest creditor, which he now says is invalid because he only signed under duress and threat of imprisonment. President Vladimir Putin has distanced his office from the struggle over Media-Most, saying it is a purely commercial dispute. He has denied having prior knowledge of a raid by masked and armed tax police on Media-Most offices earlier this year. The Kremlin is evidently angry that Mr Gusinsky is presenting himself as the champion of free speech in Russia, since the financial support he received from Gazprom dates from 1996, when NTV threw its support behind Boris Yeltsin in the presidential election. The Kremlin´s attempt to distance itself from the dispute was undermined this month by the disclosure that Mikail Lesin, the Press Minister, had initiated the deal under which criminal charges against Mr Gusinsky would be dropped if he sold shares in his company to Gazprom. Mikhail Kasyanov, the Prime Minister, said yesterday that Mr Lesin had "acted improperly in signing a document on relations between two for-profit companies". Mr Lesin may lose his jobbecause of his involvement in the ownership dispute. Independent News, Sept. 29, 2000

Advertising about Spain
All kind of information about Spain in my own web page

Fair use notice

The Toni Schönfelder Newsletter and website contains copyrighted material the use of which has not always been specifically authorised by the copyright owner. The material is being made available for purposes of education and discussion in order to better understand the complex nature of corruption in today's world. I believe this constitutes a "fair use" of any such copyrighted material as provided for in relevant national laws.

The material is distributed without profit to those who have expressed an interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond "fair use", you must obtain permission from the copyright owner. Toni Schönfelder cannot guarantee that the information contained in the Corruption News service is complete and correct or be liable for any loss incurred as a result of its use. Nor can Toni Schönfelder be responsible for any subsequent use of the material.

Denna sida är producerad av Toni Schönfelder. Avsändaren har inget ansvar för innehållet i sidor som är länkade -- allt material som finns i egen producerade sidorna får användas fritt och utan kostnad.

Esta página ha sido realizada por el Sr. D. Toni Schönfelder.Los realizadores de la página no se hacen responsables del contenido de las páginas enlazadas a la presente. Toda la información existente en las páginas de realización propia pueden ser utilizadas libremente y sin ningún tipo de coste.

This page has been produced by Mr Toni Schönfelder. The sender does not take any responsibility for the contents of the linked pages. The whole material in the own produced page can be used free of charge.