Is it true that all shares owned by Khodorkovsky were transferred to Rothschild?
No, it is not true. Rothschild has not received any shares. After my arrest I lost the right to give orders in regard to the control stake. This stake was automatically transferred to my partners. This is the standard asset protection procedure: once they become hostages, the owners lose the right to give orders in regard of their property. What can YUKOS minority shareholders hope for? According to the law, if Platon and I are found guilty in embezzling all oil from YUKOS, then all the taxes and all YUKOS property will have to be retrieved and returned to the shareholders. It is around 40 billion US dollars, maybe more. But I doubt that anyone will give up on any of these assets. Mr. Gerashenko once described this situation with great precision. At the same time, I am deeply convinced of the decency of YUKOS top-managers and have no doubt that all income they receive after selling the company’s foreign assets, will be distributed among all shareholders upon completion of the necessary
Related Questions
- I have purchased physical shares long back but I forgot to get them transferred in my favour. What is the procedure that I should follow now?
- What was the conversion ratio for the Beverly shares that transferred to Pharmerica?
- Is it true that all shares owned by Khodorkovsky were transferred to Rothschild?
