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Article: British American Tobacco Executives Called to Testify Before Russian Court.
- Article from:
- PR Newswire Europe
- Article date:
- October 2, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MOSCOW, October 2 /PRNewswire/ -- A Moscow court has demanded that four current and former directors of BAT-Yava, a major British American Tobacco Plc subsidiary in Russia, appear to testify in a dispute between the subsidiary and its minority shareholders.
The claimant in the case, Branston Holdings Ltd., issued a statement today welcoming the ruling. It said the ruling emerged from a hearing before the Moscow City Arbitration Court last Thursday (28 Sept.) during which the judge ordered the four executives, including two British nationals, to testify with respect to the respondent's links with Dutch-registered Hamulton B.V.
The two UK executives ...