Ernst & Young and Gazprombank will advice on the sale of the remaining
assets of collapsed Russian oil giant Yukos as its court-appointed receiver
looks to pay creditors.
Creditors of Yukos are owed about $18.4bn (£9.7bn).
According to reports, Rosneft, the Russian oil giant that acquired Yukos’s
prized ArcticGaz unit in an auction, is likely to buy most of the assets.
Rosneft is also Yukos’s second-biggest creditor but may face competition from
Gazprom, the state gas monopoly
Yukos, once Russia’s biggest oil company, was declared bankrupt earlier this
month leaving the government with a reported $30bn (£15.8bn) tax bill.
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
Six new partners have been revealed by top ten firm Mazars