Quick Asked: Lukos Contact Us?

Last update: 02 May, 2024 340 Views

What happened to the yukos company? As the government froze Yukos' assets at the same time, and alternative attempts to settle by Yukos were refused, the company was unable to pay these tax demands. Between 2004 and 2007, most of Yukos's assets were seized and transferred for a fraction of their value to state-owned oil companies.

How much will yukos be paid back to russia? The European Court of Human Rights ruled for Russia to pay the former owners Yukos €1.87 billion ($2.51 billion) in compensation for unfair proceedings of the tax evasion case. Yukos is asking for $333 million to cover losses incurred after its accounts were frozen plus costs and interests.

What was privatization like in yukos? The initial period of "oligarchic privatization" was characterized by ruthlessness and bloodshed, with those having power sometimes compared to 19th century robber barons, and Yukos was certainly no exception.

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