The Federal Court of Switzerland has partially annulled the order of the Federal Prosecutor’s Office to freeze the Swiss bank accounts of several shareholders of the Russian Yukos oil company and the Menatep holding group
Published:
16 June 2004 y., Wednesday
The Federal Court of Switzerland has partially annulled the order of the Federal Prosecutor’s Office to freeze the Swiss bank accounts of several shareholders of the Russian Yukos oil company and the Menatep holding group, RIA-Novosti news agency reports, citing a source in the law firm representing the shareholders of the two companies in Switzerland. The Federal Court fulfilled “at least a part of the appeals” over the decision to block the bank accounts, the source said.
Genrikh Padva, a lawyer for the former head of the Yukos oil company, Mikhail Khodorkovskiy, has confirmed the news. “I know this for a fact,” Padva told RIA-Novosti. “We did not attend this hearing, but we got in touch with our Swiss colleagues and they said the Swiss court had rescinded the ruling on the freezing of the accounts,” the lawyer said.
Padva said the ruling applied to only one company in the Yukos structure. He could not specify which company’s accounts had been frozen, or at which bank. The news has not yet been confirmed by the Swiss court authorities.
At the end of March the Swiss Prosecutor’s Office conducted searches and seized documents in several Swiss cities within the so-called Yukos case. This was done at request of Russian prosecutors who accuse key shareholders of the company of gross fraud and the company itself of massive tax evasion. At the same time, the Swiss authorities froze over $4 billion worth of assets in Swiss bank accounts which reportedly belonged to several Yukos shareholders.
Lawyers representing Yukos and Menatep shareholders filed nine appeals against the decision to freeze the accounts. Three of the appeals were turned down in early June.
Šaltinis:
MosNews
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
In its first meeting in 2010, the Gas Coordination Group, under the chairmanship of the Commission, has focused today on the assessment of the situation on security of gas supply in the EU-27 and countries of the Energy Community and discussed priorities for the work of the Group in 2010.
more »
Luc Van den Brande, President of the EU Committee of the Regions (CoR), has used his first meeting with the President of the European Council, Herman Van Rompuy, to underline the importance of consultation between local, regional and national authorities.
more »
Basile Nkwesi, Directeur Commercial of Multiprint, speaks for dozens of frustrated business managers in this busy enterprise center when he talks about Cameroon’s costly and unreliable electricity.
more »
During 2009, over 2400 new corporate clients, whose total number currently exceeds 16 thousand, began using Bank SNORAS services.
more »
In 2009, the European Investment Bank (EIB) provided EUR 2.5 billion in 16 credit lines for financing the investment projects of SMEs (EUR 1 955 million) and local authorities (545 million) in Spain.
more »
In 2009, the number of counterfeit euro coins removed from circulation was 172 100, down from 195 900 the year before.
more »
Haiti began participating in the International Monetary Fund’s General Data Dissemination System on December 28, 2009, marking a major step forward in the development of its statistical system.
more »
According to the data of NASDAQ OMX Vilnius Stock Exchange, the price of Bank SNORAS registered ordinary shares grew by more than 2.5 times.
more »
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Cadbury PLC of the UK by Kraft Foods Inc. of the US by way of public offer.
more »
Statistics Lithuania informs that construction input prices inNovember 2009, against October, dropped by 0.5 percent.
more »