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The kremlin agreed to support his plan and combined the valuable oil facilities. a giant oil company called sibneft was formed. it was then auctioned off. but the auction was rigged so roman abramovich would win. was this an auction in any real sense? absolutely not, no, absolutely not. it was like a pre arranged deal which was dressed up as an auction. but nobody else really was allowed to participate. that s corruption. this is what you call corruption. this is where the bidding for sibneft took place. by the time the auction had begun, the opposition had been neutralised and the price had been fixed. it was a complete stitch up. and the main beneficiary? roman abramovich. ....
And there s more. it looks like most of the money borrowed by roman abramovich to buy the new oil company came from the russian government. the secret document says: shortly before the auction, a government minister deposited $137 million of the budget money that s russian taxpayers cash ina bank. that bank then lent mr abramovich the money to buy sibneft. russia s former chief prosecutor, yuri skuratov, doesn t know about the document. but he also says that roman abramovich s bid was funded by the russian state. translation: basically, the government financed | the participation of this bank in the auction where sibneft was purchased. in a normal country, ....
Didn t do roman abramovich any harm in the uk. and he got away with it in russia too. the secret documents suggest that at the time of the sibneft deal, roman abramovich was protected by president yeltsin. it says documents related to abramovich were moved from the files of the law enforcement agencies to the kremlin. the document also says the president then stopped an investigation by yury skuratov into roman abramovich s rigged oil deal. actor s vows: skuratov - was preparing a criminal case for the confiscation of sibneft on the basis of the investigation of its privatisation. the investigation was stopped by president yeltsin. skuratov was dismissed from his office. ....
to the conclusion that if abramovich could be brought to trial, he would have faced accusations of fraud by an organised criminal group. once again, the allegation in the document is independently supported by yuri skuratov. translation: basically, | it was a fraudulent scheme where those who took part in privatisation formed one criminal group that allowed abramovich and berezovsky to trick the government and not pay the money that this company was really worth. roman abramovich did modernise and improve sibneft. just ten years after taking control, he sold the company back to the russian state for a staggering £13 billion. ....
And there s more. it looks like most of the money borrowed by roman abramovich to buy the new oil company came from the russian government. the secret document says: shortly before the auction, a government minister deposited $137 million of the budget money that s russian taxpayers cash ina bank. that bank then lent mr abramovich the money to buy sibneft. russia s former chief prosecutor, yuri skuratov, doesn t know about the document. but he also says that roman abramovich s bid was funded by the russian state. translation: basically, the government financed | the participation of this bank in the auction where ....