About today’s arbitration hearing. The Rosneft case was postponed to the 20th almost immediately: the Rosneft people brought in a huge stack of documents, and we need time to review them. The Transneft hearing lasted an hour. First they tried to argue that I’m not a shareholder, and then they switched to their main line: “All he needs to know is that we allocated money to charity, and who it went to is none of his business.” When the judge asked directly, “So is it classified or a commercial secret?” the Transneft representative said, “It’s not classified and it’s not a commercial secret, but we cannot provide that information.” As a result, that hearing will also continue on August 20. I was ordered to provide the original copy of Vedomosti (a Russian business newspaper), which carried the first publication on this subject and which I cite in the lawsuit. So on the 20th, there’ll be another episode of the film “Where Did Generous Transneft’s Money Go?” By the way, I forgot to mention in the previous post: in 2007, Transneft allocated 7.123 billion rubles to charity. and in 2006, 5.28 billion. So over two years, that’s 12 billion rubles. Half a billion dollars.
