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TCS ex-managers launch their own project in Asia, raise $16 mln for it

TCS ex-managers launch their own project in Asia, raise $16 mln for it
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The Law Doesn t Work In Irkutsk : Activists Claim Systemic Problem In Russian Region s Prison-Abuse Scandal

share Print IRKUTSK, Russia On March 7, 37-year-old Russian convict Yevgeny Rylsky died in a prison hospital in Irkutsk, to which he had been transferred a few days earlier from the notorious prison IK-15 outside Angarsk. His spleen had been ruptured, said Vladimir Osechkin, founder of the prisoners rights NGO Gulagu.net, citing several confidential sources among both prisoners and prison staff. His collarbone was broken, and other internal organs were injured. The doctors also found bedsores. That is, Rylsky had been beaten and had been lying in bed in life-threatening condition for at least three or four days at IK-15, during the time that an inspection commission from Moscow was there.

ChelPipe Group selling oil services division Rimera to controlling shareholder for 6 8 bln rubles

ChelPipe Group selling oil services division Rimera to controlling shareholder for 6.8 bln rubles CHELYABINSK. March 9 (Interfax) - The ChelPipe Group is selling its oil services division to its controlling shareholder Andrei Komarov for 6.776 billion rubles, according to a company statement. The purchase-sale agreement was signed on March 5 and states that payment for a 99.9999% stake in Rimera must be received within a month. It was reported on March 4 that ChelPipe would sell JSC Rimera and the Rimera group s Alnas and Izhneftemash plants. It emerged on March 5 that Komarov was buying LLC Rimera-Alnas for 1.172 billion rubles. The decision to sell ChelPipe s shares in JSC Rimera and the stake in LLC Rimera-Almas to Andrei Komarov was reached in the framework of the Rimera Group s restructuring. As a result of the deal, Komarov will own 99.9% of JSC Rimera and will be the sole owner of LLC Rimera-Anas, ChelPipe told Interfax.

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