Putin trying to destroy oil tycoon, says EU official

Published: 28 July 2004 y., Wednesday
Vladimir Putin, the Russian president, is deliberately trying to destroy the economic empire of Mikhail Khodorkovsky, the detained founder of oil giant Yukos, a senior European Union official said yesterday. "We interpret this as a decision of President Putin to destroy an economic empire which had certain strategic goals of political influence," Eneko Landaburu, the European Commission's Director General of External Relations, told the European Parliament. "What's happening here is essentially a settling of accounts," he said when asked about moves by Russia to force the sale of Yukos' main production subsidiary to pay a tax bill. Most EU leaders have been cautious in commenting on the Yukos case, but Mr Landaburu, the top civil servant under EU External Relations Commissioner Chris Patten, told parliament's foreign affairs committee he saw no sign the Kremlin was trying to take over running the economy. He said it was clear the Yukos crisis was worrying foreign investors in Russia, whose economy is heavily reliant on the raw materials sector. But the case appeared to be a one-off, Landaburu said. Mr Khodorkovsky, on trial on charges of fraud and tax evasion, became Russia's richest man through his stake in Yukos. But he fell out with Mr Putin by publicly backing liberal opposition to the president, who was then seeking re-election.
Šaltinis: news.independent.co.uk
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Budget negotiations - MEPs want specific budget line for stabilisation mechanism

A specific EU budget line for the new EU stabilisation mechanism should be created as soon as possible, to ensure its credibility, Council, Commission and Parliament negotiators agreed at a three-way meeting on Wednesday. more »

Break on roaming fees for mobile phone customers

New EU rule will help phone-users avoid astronomical bills for web-surfing and downloads abroad. more »

A toolbox for stronger economic governance in Europe

The Communication approved today by the Commission builds on the principles presented on 12 May to reinforce the economic governance in the European Union. more »

Latest report on taxation trends in the EU

Eurostat report just published shows that the crisis has brought some lower taxes. more »

Food prices: new legislation needed to improve price transparency and farmers' returns

New legislation is needed to ensure fair returns to farmers and transparent prices to consumers, by enforcing fair competition throughout the food supply chain, said Agriculture Committee MEPs on Monday. more »

Fisheries: fair competition needed between imports and European producers

Fish imports play a crucial role in supplying the European market, yet fisheries and aquaculture are strategic sectors that do not lend themselves to a purely free-trade approach, believes the EP Fisheries Committee. more »

The President: Dynamic cooperation with other countries of the EU is a priority for Lithuania

I will support every proposal that strengthens cooperation among the European Union's Member States and serves Lithuania's interests," President of the Republic of Lithuania Dalia Grybauskaitė said at the meeting with EU Member States' ambassadors resident in Lithuania. more »

World Lithuanian entrepreneurs are gathering in London

The fourth World Lithuanian Economic Forum “High tech innovation & investment: local to global” will start in London on 22 June. more »

Enhanced information exchange will contribute to the creation of single Baltic-Nordic community, Lithuania's Minister of Foreign Affairs says

Lithuania aims for the five Nordic countries and three Baltic States to become single community of values, which would be linked by a versatile quality of democracy, security and everyday life. more »

Parliament sets up special committee on EU budget reform

MEPs decided on Wednesday to create a special committee to prepare for the EU's next long-term budgetary framework. more »