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On Monday, a decision of the Moscow Arbitration Court to nationalize a 81.7% common share stake and a 20.8% preferred share stake in Bashneft, which earlier belonged to multi-industry holding AFK Sistema, came in force.
In September, the Prosecutor General’s Office filed a claim on violations during privatization of the republic of Bashkortostan’s oil and gas assets, now comprising Bashneft, in 90s, demanding Bashneft’s return to the government.
The oil company may be privatized again later.