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Bloomberg: Tymoshenko sues RosUkrEnergo, Firtash

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April 27, 2011, 7:46 a.m. |
Former Ukrainian prime minister Yulia Tymoshenko, in a U.S. racketeering lawsuit, accused gas trader RosUkrEnergo AG and Ukrainian businessman Dmitry Firtash of conspiring to manipulate an arbitration court ruling that she claims robbed the country’s natural gas supplies. A Stockholm Arbitration Court ruling last year that Ukraine’s state run energy company NAK Naftogaz Ukrainy owed RosUkrEnergo 12.1 billion cubic meters of gas deprived the Ukrainian people of fuel that the government had already paid for and allowed Firtash, an owner of the gas trader, to reap billions when the gas was resold on the open market, according to the complaint filed yesterday in federal court in New York. Read more.
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