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Yukos CEO, CFO Ran Away

Theede, Misamor top officials became suspicious when...

Yukos CEO, CFO Ran Away

Russian oil company Yukos has accused the Russian government of trying to demolish the company.

Yukos shares finished down 17% on the RTS index, to $1.12 a share. The MICEX index has suspended Yukos trade pending authorisation from the Federal Financial Markets Service.

Yukos?s CEO Steven Theede and CFO Bruce Misamore left for Britain to meet creditors. They aren?t going to return back to Moscow after learning that Misamore had been summoned by the prosecutor-general for questioning. He declined to come, referring to a business trip.

Yukos top officials became suspicious when te homes of mid-level and senior Yukos managers had been searched as part of the justice ministry's investigation into tax evasion.

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