Yukos

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Yukos

Russian company

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Mikhail Khodorkovsky
In 1995 Menatep acquired Yukos, Russia’s second largest oil company, in a privatization auction for some $350 million. Although Menatep did not offer the highest bid, it nevertheless won the auction. This can be explained by the fact that Menatep also oversaw the bidding process and that the highest…
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In 1995 Menatep acquired Yukos, Russia’s second largest oil company, in a privatization auction for some $350 million. Although Menatep did not offer the highest bid, it nevertheless won the auction. This can be explained by the fact that Menatep also oversaw the bidding process and that the highest…
Read More