The Moscow Arbitration court ruled on Oct. 30 that shares in Bashneft owned by Russian conglomerate Sistema should be returned to the state after an "improper privatization."
Reuters: Moscow court rules in favour of returning Bashneft shares to state
Vladimir Yevtushenkov (C), president of Russian holding company Sistema receives a welcome plaque from Clara Furse (C, R), the Chief Executive of the London Stock Exchange surrounded by traders after opening trading in London 14 February 2005.
