Former Yukos executive Alexey Golubovich, a prosecution witness in the Khodorkovsky-Lebedev trial, testified that share exchange transactions that the prosecution calls “embezzlement” were in fact fairly priced and beneficial to Yukos shareholders as well as the state. In 2003 Golubovich was charged with fraud together with other Yukos managers and fled Russia; the UK declined Russia’s request to extradite him. Recently Golubovich returned to Russia to testify with a promise of immunity from prosecution and placement in a witness protection program.
http://www.gazeta.ru/politics/2010/01/19_a_3313624.shtml
Update of 21 Jan. 2010: Golubovich Alters Testimony
http://www.gazeta.ru/politics/2010/01/21_a_3314593.shtml
Wednesday, January 20, 2010
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