RUSSIA - July 14 - Yukos Fears New Round Of Arrests Among Managers.
Yukos, the flagship oil company, accuses the state prosecutors of intimidation and illegal pressure on the company and warns of a possibility of a new round of searches and arrests among its top managers. The warning by Yukos' lawyers comes after armed police burst into the company's offices on July 11 (see last week's Recorder) and searched them for 16 hours taking away computers, video-tapes and listening devices. The prosecutors' spokesman said they were investigating a number of cases related to Yukos, "including murder, tax evasion The process whereby a person, through commission of Fraud, unlawfully pays less tax than the law mandates.
Tax evasion is a criminal offense under federal and state statutes. A person who is convicted is subject to a prison sentence, a fine, or both. and theft". Prosecutors insisted their investigators acted in accordance with the law and said there were plans to investigate the legality of listening devices found in Yukos' possession during the search. Dmitry Gololobov, deputy head of the Yukos legal department, said: "This is an attempt to put illegal pressure on the company, which has nothing to do with the rule of law. These people [the prosecutors] will stop at nothing. In this situation we can't rule out new searches and arrests including at head office". Observers believe Yukos is a target in a Kremlin-orchestrated attack on its CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Mikhail Khodorkovsky The of this article or section may be compromised by "peacock terms".
You can help Wikipedia by removing peacock terms. , one of the most politically ambitious business tycoons. Kiril Rogov, political analyst, said the raid was designed to demonstrate that "prosecutors in Russia are above law. There are no legal methods in the country that could protect one from the prosecutors as a political force". Yukos' lawyers said they could also not rule out the use of video material taken by prosecutors in a provocation Conduct by which one induces another to do a particular deed; the act of inducing rage, anger, or resentment in another person that may cause that person to engage in an illegal act. aimed at discrediting the company. The latest exchange is seen as an escalation of the conflict between Yukos and the Kremlin, despite Pres. Putin's condemnation of repressive re·pres·sive
Causing or inclined to cause repression. measures and "prisons cells" in combating economic crimes. Platon Lebedev Platon Leonidovich Lebedev (Russian: Платон Леонидович Лебедев; born 29 November 1956) is a former CEO of Group Menatep, and is best known as , one of Yukos' main shareholders, remains in detention on charges of economic crimes.