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Khodorkovsky: Ain't No Government?s Business

Former head of Russian beleaguered oil giant Yukos Mikhail Khodorkovsky, has made a stand against...

Khodorkovsky: Ain't No Government?s Business

Former head of Russian beleaguered oil giant Yukos Mikhail Khodorkovsky, has made a stand against government?s plans to sell Yukos? key unit Yuganskneftegaz.
The government is going to sell it on 19 December in order to pay Yukos' huge tax bills.

Khodorkovsky, still jailed, said the sale was the "worst solution" to the problems facing Yukos. Being still a major shareholder in Yukos, he argued that not the state should decide the company's future, but the firm's investors.

Yuganskneftegaz is to be sold for a minimum of 246.8 billion roubles ($8.65 billion), well below the $20bn which Yukos says the unit is worth.

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