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By John Helmer in Moscow Court documents and testimony, presented recently in the Colorado District Сourt in Denver, expose substantial new evidence that LUKoil has operated a significant business in the state. The new evidence, secret until now, stretches back for ten years, and shows a flow of cash every month from an alleged front […]

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Visit The Cat’s Paw Page here.

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By John Helmer in Moscow Far Eastern Shipping Company (Fesco), the third largest of Russia’s fleet companies and the dry-cargo leader, reveals plummeting profit for last year will be followed by loss-making this year. The bad news has taken some time to be disclosed by the publicly listed shipping company, which operates a fleet of […]

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By John Helmer in Moscow Loose Canadian stock listing rules, a compliant exchange regulator, and rubber-stamp directors have made it easy for a Russian raider to attack minority shareholders of High River Gold (HRG:TX), and threaten them with dilution and delisting, unless they give in to a low-ball buyout offer. That is what minority shareholders […]

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http://news.bbc.co.uk/2/hi/programmes/newsnight/8146052.stm

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By John Helmer in Moscow The Caspian Energy Group, led by Ilya Kokarev, said this week it is confident the Russian courts will rule shortly to uphold its right to seats on the board of the Red Barricades Shipyard. This is the only standout among the Astrakhan yards to resist consolidation by Caspian Energy, which […]

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By John Helmer in Moscow Sergei Stepashin, the head of the Accounting Chamber, Russia’s state auditor, has issued a press leak, claiming he was responsible for the firing of Alrosa chief executive, Sergei Vybornov, after a Chamber audit of Alrosa earlier this year had identified multiple problems, and what Stepashin is publicly quoted as calling […]

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July 14, 2009 Tim Whehell and BBC Newsnight for beating the English language of a UK High Court ruling into the opposite of what it said about the nature of Russian justice, its beneficiaries and victims http://news.bbc.co.uk/2/hi/programmes/newsnight/8146052.stm Letters Sent: 17 July 2009 14:47 To: Tim Whewell Subject: Your evidence please Dear Tim: In your recent […]

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By John Helmer in Moscow The President of Turkmenistan, Gurbanguly Berdimuhamedov, said Friday his country is interested in diversifying gas export routes, and will participate in the Nabucco project. His statement came ahead of the signing on Monday of an intergovernmental agreement between Austria, Turkey, Hungary, and Romania to build the 3,300-km pipeline across their […]

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By John Helmer in Moscow Regional mining officials in Kemerovo and the regional coalminers’ union say that ArcelorMittal had already begun closing down two coalmines and dismissing miners, before the Kemerovo region’s governor, Aman Tuleyev (picture left), issued an ultimatum to stop last Friday. If the charges cannot be resolved in negotiations this week, the […]