Why did the Yukos company collapse ?

2006-10-08 04:22:44 · 1 answers · asked by syl 2 in Business & Finance ➔ Corporations

1 answers

Because Putin & the Russian government claimed the head of Yukos was evading taxes. The government then essentially seized the company and sold off parts to pay the tax debt. The investment community widely saw this as Russia no longer being as investor- or free-market-friendly.

2006-10-09 13:18:56 · answer #1 · answered by c 3 · 0⤊ 0⤋

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