Vneshtorgbank’s Cyprus subsidiary, Russian Commercial Bank, is pursuing London court and arbitration proceedings against Obneftegaz and its surety Fedor Khoroshilov for repayment of $242 million owed by the company. The court ordered Khoroshilov to declare his assets, and meanwhile enjoined him from disposing of villas in France and Italy, a yacht, and a Boeing airplane. Khoroshilov denies having the property attributed to him.
http://10.vedomosti.ru/newspaper/print/2009/09/28/214832
Monday, September 28, 2009
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