The news from the Yukos affair seems to get worse and worse - there are no angels in this game and it is extremely hard to determine which version of the spin is closer to the truth. Whatever the end game turns out to be three major facts are rammed home by these events;
We thought things were getting better, actually they look better on the surface but in reality little has changed.
The judiciary and police are a business, pressure tool and has almost nothing to do with enforcing the law.
Whilst their are skeletons in the closet, someone will seek to extract "rent" so that you can live a quiet life.
The last point is the most worrying - everyone, and I mean everyone, has been judicious with the truth in paying corporate and personal taxes at some point. Many small / medium size businesses are trying to come clean but it is a slow process and the bureacrats are not in favour of it as it has a nasty habit of reducing their monthly take home.
For an alternative take on what is going on read Eric Kraus via
Sovlink's Home Page
For a well written piece that makes it clear that the whole affair is unclear read Gideon Richter's piece in the Economist.
25 July 2003
The news from the Yukos affair seems to get worse and worse - there are no angels in this game and it is extremely hard to determine which version of the spin is closer to the truth. Whatever the end game turns out to be three major facts are rammed home by these events;
We thought things were getting better, actually they look better on the surface but in reality little has changed.
The judiciary and police are a business, pressure tool and has almost nothing to do with enforcing the law.
Whilst their are skeletons in the closet, someone will seek to extract "rent" so that you can live a quiet life.
The last point is the most worrying - everyone, and I mean everyone, has been judicious with the truth in paying corporate and personal taxes at some point. Many small / medium size businesses are trying to come clean but it is a slow process and the bureacrats are not in favour of it as it has a nasty habit of reducing their monthly take home.
For an alternative take on what is going on read Eric Kraus via
Sovlink's Home Page
For a well written piece that makes it clear that the whole affair is unclear read Gideon Richter's piece in the Economist.
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