Who Bought Yukos?

by | Dec 21, 2004 | Uncategorized | 0 comments

A unknown Russian firm called Baikal Finans Group won the auction for a subsidiary of the giant oil firm Yukos. The sale has become more suspicious as new information about the company surfaces

The Baikal Finans Group, which listed its address as the same as that of a cellphone store in Tver, won a controlling stake, or 76.79 percent of the shares, in Yuganskneftegas with a bid equivalent to about $9.35 billion.

Who knew that there were billions in owning a tiny phone store 130 miles outside of Moscow

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