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Navalny Lost The Moscow Arbitration Court yesterday rejected lawsuits filed by Rosneft and Transneft minority shareholder Alexei Navalny against the oil company and Nikolai Tokarev, president of the transport monopoly. More Also, from Nezavisimaya Gazeta: The secret of charity is inviolable Why do Transneft and Rosneft shareholders' hair stand on end 2008-08-21 / Maxim Egorov Transneft may keep secret information about its extraordinarily generous charitable giving, and Rosneft may keep secret information about its relations with oil trader Gunvor. Yesterday, the Moscow Arbitration Court rejected the claims of Alexei Navalny, a minority shareholder in both companies, who had demanded that this information be disclosed to him. The plaintiff himself viewed the court's decision as evidence that shareholders in Russia have no rights at all. http://www.ng.ru/economics/2008-08-21/100_akcioner.html My post about yesterday's court hearing is here. At 1:00 I will be on air on The New Times. Watch

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