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more on yukos

  1. chris

    3,602 Posts.


    To complicate issues further a London newspaper claimed Sunday that control of Khodorkovsky's shares in Yukos had passed to a member of the Rothschild banking family under a deal which they hammered out prior to the Russian oil baron's arrest.

    Voting rights to the shares passed to Lord Jacob Rothschild, 67, under a "previously unknown arrangement" designed to take effect in the event that Khodorkovsky could not longer "act as a beneficiary" of the shares, the Sunday Times said.

    Khodorkovsky was said by the paper to have made the arrangement with Rothschild when he realised he was facing arrest.

    Rothschild now controls the voting rights on a stake in Yukos worth almost eight billion pounds (11.6 billion euros, 13.5 billion dollars), the newspaper said in a dispatch from Moscow.

    Khodorkovsky owns four percent in 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 Rothschild had received control of all Khodorkovsky shares.

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