Monday, June 21, 2010

Sberbank Head Testifies in Favor of Khodorkovsky

German Gref, a former Minister of Economy and now the head of Sberbank, testified in the trial of Mikhail Khodorkovsky and Platon Lebedev, former managers of the defunct oil giant YUKOS. Gref said that there was nothing inappropriate about YUKOS buying oil from its subsidiary companies at prices below those in the European market. Gref also expressed doubt that 20% of all oil extracted in Russia could possibly be stolen (of which Khodorkovsky and Lebedev are accused). “If it had been so, I would have known,” the ex-minister said.


http://lenta.ru/news/2010/06/21/gref1/

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