Macro Transneft News Today

Of his career. we think some of mr fedotov�*s money from transneft has ended up here in the uk. by 2007, mr fedotov had been granted british citizenship and he was living in this £7 million house in the english countryside. we think money from transneft helped pay for it. his cash has also funded aquind and its cross—channel cable project. the decision on mr fedotov�*s project will be made by the business secretary in days.

Tens of millions of dollars, for services that these intermediaries couldnt provide. so in our calculation, $4 billion was stolen or misappropriated. our documents reveal how mr fedotov and two macro transneft managers secretly owned one of transneft�*s and its alleged the contractor was paid for doing work that was actually done by transneft itself. the profits were funnelled through a series of offshore companies before ending up in three trusts. two were controlled by the transneft managers...

Off more than $100 million of transneft�*s money. if people are able to construct a scheme whereby they can extract for doing nothing $100 million plus out of government funds, then the real loser are the men, women and children who rely on the government to give them education, health, roads, social services. lawyers for aquind said there was no evidence that funds were embezzled from transneft. they say official investigations refuted the findings of the original audit. mr fedotov denies any...

Viktor fedotov stays away from spotlight. but his secrets are in the files. voiceover: the total length of our trunk pipelines - is over 68,000 kilometres. they reveal he made a fortune from a project that was mired in allegations of corruption. an oil pipeline in eastern siberia. vmcsovsk: transneft - is the worlds largest pipeline company, one of the most important infrastructure systems in russia. the pipeline was built by transneft, a company owned by the russian state. in 2008, an audit rep...