Tag Archives: Rosneft

Russian Prosecutors Seek 10-Year Sentence For Ex-Economy Minister

MOSCOW — Prosecutors in a high-profile bribery extortion trial are seeking a 10-year prison term for former Russian Economy Minister Aleksei Ulyukayev, while his lawyers say their client must be acquitted.

“I ask you to find Aleksei Ulyukayev guilty of bribe-taking,” prosecutor Boris Neporozhny told the court, asking for a 10-year prison sentence, a fine of 500 million rubles ($8.5 million) as well as his being stripped of all state awards, and banned from holding government posts.

Continue reading Russian Prosecutors Seek 10-Year Sentence For Ex-Economy Minister

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Former Russian Economy Minister Rejects Extortion Charge, Accuses Rosneft Chief Of Lying

Former Russian Economy Minister Aleksei Ulyukayev, who is being tried on an extortion charge, has adamantly protested his innocence and accused state oil company chief Igor Sechin of lying to investigators.

Ulyukayev was speaking at a November 27 hearing that was skipped by Rosneft CEO Sechin, who has repeatedly been summoned to testify but said he was too busy to do so. Continue reading Former Russian Economy Minister Rejects Extortion Charge, Accuses Rosneft Chief Of Lying

Aleksei Ulyukayev is f***ed

A sting operation, an oil deal, and a bag allegedly filled with cash — or maybe just sausages or wine.

A sitting minister arrested for the first time since the 1950s, a highly publicized trial, leaked wiretaps, and a powerful witness who has repeatedly refused to appear in court.

And in the middle of it all is Rosneft CEO Igor Sechin, one of the most shadowy and feared figures in the Russian elite and a decades-long crony of Vladimir Putin.

Continue reading Aleksei Ulyukayev is f***ed

Sechin Says He’ll Testify In Extortion Trial When ‘We Can Agree On A Schedule’

Russian state oil company chief Igor Sechin, who was summoned twice this week to testify in the high-profile extortion trial of a former economy minister but failed to show up, says he will appear when “we can agree on a schedule.”

“As for my participation in court, I will strive to fulfill the requirements of Russian law. But at this stage, my main task is to fulfill my duties as president of Rosneft. As soon as we can agree on the schedule, I will certainly fulfill the necessary conditions,” Sechin was quoted as saying by RBC.ru on November 16.

Continue reading Sechin Says He’ll Testify In Extortion Trial When ‘We Can Agree On A Schedule’

Exotic locations, alleged bungs, secret recordings and a basket of sausages: Putin’s friend and a no-show in court for Russia’s landmark state oil bribery case

Aleksey Ulyukayev trial over alleged attempt to solicit payment from powerful Rosneft CEO Igor Sechin in exchange for ending opposition to key merger splits Kremlin

The absence of state TV correspondents at the Zamoskvorechye courtroom offered the first clues. Defendant Aleksey Ulyukayev, Russia’s one-time Economics Minister, appeared shortly after 10am local time. But Igor Sechin – the head of state oil behemoth Rosneft, close confidante to the President Vladimir Putin and a key witness in the trial – did not follow him.

Continue reading Exotic locations, alleged bungs, secret recordings and a basket of sausages: Putin’s friend and a no-show in court for Russia’s landmark state oil bribery case

‘They sow chaos wherever they can’: A familiar actor may be behind the massive cyberattack that swept Europe

A colossal cyberattack on Tuesday has been wreaking havoc oncountries and corporations across the globe, and some cybersecurity experts are zeroing in on a familiar name as the possible culprit.

The attack, dubbed “Petya,” is a ransomware worm that has so far targeted, among others, Ukrainian banks and airports; Russian state-owned oil giant Rosneft; British advertising company WPP, US pharmaceutical giant Merck; and shipping company AP Moller-Maersk, which said every branch of its business was affected.

Continue reading ‘They sow chaos wherever they can’: A familiar actor may be behind the massive cyberattack that swept Europe

Global ransomware attack causes turmoil

Companies across the globe are reporting that they have been struck by a major ransomware cyber-attack.

British advertising agency WPP is among those to say its IT systems have been disrupted as a consequence.

Ukrainian firms, including the state power company and Kiev’s main airport, were among the first to report issues.

The Chernobyl nuclear power plant has also had to monitor radiation levels manually after its Windows-based sensors were shut down.

Continue reading Global ransomware attack causes turmoil

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