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Court to deliver verdict to former Yukos co-owner Vladimir Dubov

August 01, 2012, 9:33 UTC+3
Earlier, the prosecutor demanded to sentence him to eight years’ imprisonment without a fine
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MOSCOW, August 1 (Itar-Tass) — The Zamoskvoretsky court of Moscow on Wednesday will deliver a verdict to the former co-owner of Yukos, Vladimir Dubov, accused of embezzling 76 billion non-denominated roubles from the budget, the court’s press secretary Yevgenia Pazukhina told Itar-Tass.

This trial was held in absentia, as Dubov, put in Russia on the international wanted list, lives in Israel. He was charged in absentia with fraud by the theft, as well as causing damage to property with no signs of theft (Articles 159 and 162 of the RF Criminal Code).

Earlier, the prosecutor demanded to sentence him to eight years’ imprisonment without a fine.

According to the public prosecution, the guilt of the former co-owner of Yukos has been completely proven during the judicial investigation.

According to investigators, in 1997 a tripartite mutual settlement agreement was signed between the RF Finance Ministry, Yukos’ subsidiary Yuganskneftegaz and the administration of the Volgograd Region. Violating the agreement, Dubov, who at that time was head of the management company of Yukos, stole from the budget of the Volgograd Region about 76 billion (non-denominated) roubles allocated to it for the construction of housing for military servicemen.

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