More on Khordokovsky (MBK); it would appear that the cat slipped out of the bag this week. We now all understand the meaning of minimal - its $10bn. Having previously said that this conflict was a battle between MBK and the Kremlin and not an assault on Yukos the lie was shown to be just that.
In a marvellous piece of cynicism the Kremlin has been repeating to anyone who wants to listen, and lets face we all do, that they have no intention of reversing privatizations. Of course they don't. They intend to divert the wealth created at Yukos in to their pockets. Privatizing it would mean that they could only steal cash flow. In short we have been asking the wrong question.
06 December 2003
More on Khordokovsky (MBK); it would appear that the cat slipped out of the bag this week. We now all understand the meaning of minimal - its $10bn. Having previously said that this conflict was a battle between MBK and the Kremlin and not an assault on Yukos the lie was shown to be just that.
In a marvellous piece of cynicism the Kremlin has been repeating to anyone who wants to listen, and lets face we all do, that they have no intention of reversing privatizations. Of course they don't. They intend to divert the wealth created at Yukos in to their pockets. Privatizing it would mean that they could only steal cash flow. In short we have been asking the wrong question.
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