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

Regional recipes for success

European conference promotes regional solutions to global challenges. more »

Iceland Express to launch flights from Vilnius Airport

Iceland‘s low-fare airline Iceland Express will launch regular flights by the new-generation „Boeing 737-700“ planes to about 8 different destinations from Vinius International Airport. more »

Economic crisis: women in developing world pay high price

Over 3 million people around the world have lost their jobs due to the financial crisis and, according to the UN, economic recovery is unlikely to reach those that have suffered most - poor women and children. more »

Airport infrastructure in Lithuania: Commission approves State aid to airports of Vilnius, Kaunas and Palanga

The European Commission has today decided not to raise any objections to the public financing of infrastructure developments at three Lithuanian airports – Vilnius, Kaunas and Palanga International Airports. more »

Single Euro Payments Area (SEPA): Commission consultation shows general support for end-date for SEPA migration

The European Commission has published the results of a public consultation launched in June 2009 on whether and how deadlines should be set for the migration of existing national credit transfers and direct debits to the new Single Euro Payments Area (SEPA) payment instruments. more »

Innovative solutions to global challenges

A favourable climate for innovation in the EU can speed up the transition to an eco-efficient economy and increase Europe’s global competitiveness. more »

IMF Signs €15 Billion Borrowing Agreement with Deutsche Bundesbank

The International Monetary Fund (IMF) and the Deutsche Bundesbank have signed an agreement to provide the Fund with up to the equivalent of €15 billion (about US$22 billion). more »

ECB publishes the Euro Money Market Survey 2009

Today the European Central Bank is publishing a report entitled “Euro Money Market Survey 2009”, which illustrates the main developments in the euro money market in the second quarter of 2009, in comparison with the second quarter of 2008. more »

Banks and finance - a year on

New EU laws proposed for closer oversight of financial services industry, sending a strong signal to this week's G20 summit. more »

Commission statement on aid for Opel Europe

The European Commission has repeatedly underlined that the restructuring plan of new Opel Europe must guarantee that the company will be viable in the future. more »