The company's CFO Bruce Misamore, said that to date Yukos had paid $3.9 billion in back taxes, which exceed $17 billion.
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Yukos Bankruptcy Moment Prolonged
At the teleconference Theed said that Yukos will continue its work
The Yukos board of directors is not going to recommend its shareholders to file for a bankruptcy, said company CEO Steven Theede.
At the teleconference he said that Yukos will continue its work, citing Russia?s Industry and Energy Minister Viktor Khristenko, who called Yukos the leader of oil production in Russia.
"I think we should stick to these positions. We will continue to run the company, even if we are in a critical situation. We will be trying to resolve the situation with the government," Theede said.
The company's CFO Bruce Misamore, said that to date Yukos had paid $3.9 billion in back taxes, which exceed $17 billion.
The company's CFO Bruce Misamore, said that to date Yukos had paid $3.9 billion in back taxes, which exceed $17 billion.
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