Khodorkovsky Offers Deal, Deadline Passes
By Catherine Belton
Staff Writer
Jailed Yukos owner Mikhail Khodorkovsky went public Wednesday with a last-minute offer of shares to stave off bankruptcy as a crucial deadline passed for voluntary payment of a $3.4 billion back-tax bill that could break up his beleaguered oil firm.
Khodorkovsky has offered to surrender shares belonging to the firm's majority owners to the Yukos board so that it can use them to pay off mounting tax debts, his lawyer Anton Drel said by telephone Wednesday, a few minutes after local markets closed at 6:30 p.m.
......
Read more on TheMoscowTimes.com
| 
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY