Testing on system to shield Russian Defense Ministry from cyberattacks completedMilitary & Defense October 24, 11:18
Maria Sharapova removed from Women's Tennis RankingsSport October 24, 11:17
Former MP appointed advisor to Russian National Guard’s chiefRussian Politics & Diplomacy October 24, 11:01
Unmanned Federation spacecraft to be launched from Vostochny spaceport in 2021Science & Space October 24, 10:42
Developer shows first image of Russia's new Sarmat ballistic missileMilitary & Defense October 24, 10:15
Moody's revises outlook on Russia's banking system to ‘stable’Business & Economy October 24, 10:00
Russia and Belarus held joint airborne drills in BrestMilitary & Defense October 24, 8:16
District head: all people on board crashed helicopter in Transbaikal deadSociety & Culture October 24, 8:16
Kremlin ex-chief: Russia is ready to open new page in relations with US after electionsRussian Politics & Diplomacy October 24, 4:10
"AFK Sistema informs hereby that, pending thorough scrutiny of the court ruling, it has taken a decision to stay away from filing an appeal over the November 7, 2014, resolution of the Moscow City Court of Arbitration on a civil lawsuit filed by AFK Sistema and the CJSC Sistema regarding the return of their stakes in the joint-stock oil company Bashneft to the ownership of government of the Russian Federation," the report said.
“Acting in the interests of the company and as a diligent purchaser, AFK Sistema will begin immediate preparations for filing lawsuits to reclaim the damages from agents and/or their successors (Uralinvest Ltd. - TASS), whom AFK Sistema and the CJSC Sistema-Invest purchased Bashneft shares from,” it said.
AFK Sistema purchased the shares of the oil company Bashneft from Uralinvest Group, which the law enforcement agencies believe to have links to businessman Ural Rakhimov, the son of the former president of Russia’s constituent region of Bashkortostan.
On October 30, Moscow City Arbitration Court entertained a lawsuit by the Office of the Prosecutor General on recognizing illegitimacy of Bashneft privatization and the return of the oil company’s 71% stake to government ownership.