ASSESSMENTS

Russia: The Yukos Lesson and the Attack Mentality

Dec 9, 2004 | 22:24 GMT

Summary

VimpelCom, Russia's second-largest cellular phone network, was handed a $158 million bill for back taxes Dec. 8. Market players immediately feared a new government crackdown on the oligarchs, but this is not a new onslaught. It is Russia's bureaucrats using the strategy developed in the assault against Yukos for their own ends.

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