Battle between liberals, Siloviki heats up over Rosneftegaz cash
(Business New Europe – September 21, 2012) Russian Prime Minister Dmitry Medvedev has ordered his cabinet to draw up urgent plans to “seize” 95% of the RUB130bn (€3.2bn) sitting on Rosneftegaz’s accounts to meet President Vladimir Putin’s demands to increase spending on state salaries and infrastructure investment. The move would emasculate Rosneftegaz CEO and Kremlin insider Igor Sechin’s plans to […]
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