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    PwC to feature in Yukos trial

    PwC to feature in Yukos trial

    Oligarchs continue fight to beat charges

    Author Date published September 7, 2010 Categories

    PwC is set to move to the centre of a Moscow court hearing when the former
    owners of the oil group Yukos defend themselves against embezzlement charges.

    The Financial Times reports this morning that lawyers for Platon
    Lebedev will claim that the audit firm came under pressure to withdraw audits
    covering Yukos operations from 1996 to 2006.

    Lebedev along with Mikhail Khodorkovsky was charged with embezzling 350
    tonnes of oil from Yukos between 1998 and 2003. They were jailed in 2005.

    In 2007 PwC was cleared of any wrongdoing in connection with the audits. This
    followed a raid on their offices. Russian authorities also made an attempt to
    embroil the firm in tax evasion charges in connection with Yukos. But this
    action has also been dropped.

    Read more:

    PwC
    wins Yukos appeal

    PwC
    Russian future in the balance

    PwC
    still in love with Russia

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