Go Back   Club Conspiracy Forums > General Conspiracy Discussion > Opinions
FAQ Members List Calendar Search Today's Posts Mark Forums Read



Reply
 
Thread Tools Display Modes
  #1  
Old 04-28-2006, 06:34 PM
SeC SeC is offline
Senior Member
 
Join Date: Nov 2005
Posts: 2,251
Default Khodorkovsky passed Yukos shares to Rothschild Bank


Arrested oil tycoon passed shares to banker

LONDON (Agence France-Presse) — Control of Mikhail Khodorkovsky's shares in the Russian oil giant Yukos have passed to renowned banker Jacob Rothschild, under a deal they concluded prior to Mr. Khodorkovsky's arrest, the Sunday Times reported.

Voting rights to the shares passed to Mr. Rothschild, 67, under a "previously unknown arrangement" designed to take effect in the event that Mr. Khodorkovsky could no longer "act as a beneficiary" of the shares, it said.

Mr. Khodorkovsky, 40, whom Russian authorities arrested at gunpoint and jailed pending further investigation last week, was said by the Sunday Times to have made the arrangement with Mr. Rothschild when he realized he was facing arrest.

Mr. Rothschild now controls the voting rights on a stake in Yukos worth almost $13.5 billion, the newspaper said in a dispatch from Moscow.

Mr. Khodorkovsky owns 4 percent of Yukos directly and 22 percent through a trust of which he is the sole beneficiary, according to Russian analysts.

From the figures reported in the Sunday Times, it appeared Mr. Rothschild had received control of all Mr. Khodorkovsky's shares.

The two have known each other for years "through their mutual love of the arts" and their positions as directors of the Open Russia Foundation, Yukos' philanthropic branch, it said.

Russian authorities Thursday froze billions of dollars of shares held by Mr. Khodorkovsky and his top lieutenants in Yukos — throwing control of the country's largest oil company into limbo and causing frenzied selling on financial markets.

Russian prosecutors said owners of the shares are still entitled to dividends and retain voting rights, but can no longer sell their stakes.

They said the freeze was necessary as collateral for the $1 billion that Mr. Khodorkovsky and his associates are accused of misappropriating during the 1990s.

Mr. Rothschild is the British head of Europe's wealthy and influential Rothschild family, and runs his own investment empire.

http://washingtontimes.com/world/20031102-111400-3720r.htm

Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Excellent article on Rothschild history SeC Opinions 2 01-20-2009 05:07 PM
5 nations left without a Rothschild controlled central bank: Iran; North Korea; Sudan; Cuba; Libya SeC Opinions 2 09-29-2006 01:06 AM
Are the Rothschild’s in Paris, actually in a war with the Rothschild’s of London? truebeliever New World Order operatives 17 08-30-2005 11:01 AM
Lord Rothschild builds Temple In Israel. truebeliever New World Order operatives 22 07-26-2005 03:23 PM
Was Stalin a Rothschild? By Clifford Shack Draken New World Order operatives 17 04-11-2005 11:10 AM


All times are GMT -6. The time now is 05:49 PM.

Powered by vBulletin® Version 3.6.12
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.