LYCOS RETRIEVER
Mikhail Brudno
built 637 days ago
In 1997, half a dozen top managers at Menatep and Yukos – among them Khodorkovsky, Lebedev, Leonid Nevzlin, Mikhail Brudno, and Vasily Shakhnovsky – applied to be recognized as individual entrepreneurs. They each gave the nature of their entrepreneurial activity as "information and consulting services" in finance and in Russian business.
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Mikhail Brudno, first vice president of Yukos – the company that sent the first shipment to Houston (via a rather circuitous route) – says there are half a dozen more to come this year. After that, Russia's No. 2 oil producer will evaluate whether it's economically feasible to continue such shipments.
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The company said Brudno had been replaced as head of marketing and refining (RM) by his deputy Pytor Zolataryov, who is now acting RM president. Brudno is sought by prosecutors for allegedly embezzling $2.8 million from the Apatit fertilizer plant, controlled by Yukos parent company Group Menatep, and is reported to be on a business trip abroad.
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The Moscow Basmanny Court ruled in March 2004 to detain former Yukos shareholder Mikhail Brudno in absentia and issued an international warrant on his arrest. Brudno is suspected of the involvement in the embezzlement of over $6.8 billion from the former Yukos subsidiaries.
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Brudno said ULSD exports were ... being held back by transport and logistical problems. The danger of contamination to clean fuel shipments from higher sulphur material usually necessitates separate storages and tankers.
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