- LONDON (Agence France-Presse)
- Control of Mikhail Khodorkovsky's shares in the Russian oil giant Yukos
have passed to renowned banker Jacob Rothschild, under a deal they concluded
prior to Mr. Khodorkovsky's arrest, the Sunday Times reported.
- Voting rights to the shares passed to Mr. Rothschild,
67, under a "previously unknown arrangement" designed to take
effect in the event that Mr. Khodorkovsky could no longer "act as
a beneficiary" of the shares, it said.
- Mr. Khodorkovsky, 40, whom Russian authorities arrested
at gunpoint and jailed pending further investigation last week, was said
by the Sunday Times to have made the arrangement with Mr. Rothschild when
he realized he was facing arrest.
- Mr. Rothschild now controls the voting rights on a stake
in Yukos worth almost $13.5 billion, the newspaper said in a dispatch from
- Mr. Khodorkovsky owns 4 percent of Yukos directly and
22 percent through a trust of which he is the sole beneficiary, according
to Russian analysts.
- From the figures reported in the Sunday Times, it appeared
Mr. Rothschild had received control of all Mr. Khodorkovsky's shares.
- The two have known each other for years "through
their mutual love of the arts" and their positions as directors of
the Open Russia Foundation, Yukos' philanthropic branch, it said.
- Russian authorities Thursday froze billions of dollars
of shares held by Mr. Khodorkovsky and his top lieutenants in Yukos - throwing
control of the country's largest oil company into limbo and causing frenzied
selling on financial markets.
- Russian prosecutors said owners of the shares are still
entitled to dividends and retain voting rights, but can no longer sell
- They said the freeze was necessary as collateral for
the $1 billion that Mr. Khodorkovsky and his associates are accused of
misappropriating during the 1990s.
- Mr. Rothschild is the British head of Europe's wealthy
and influential Rothschild family, and runs his own investment empire.
- Russian-Born American Named To head Embattled Yukos
- (AFP) -- A Russian-born American has been named to replace
Mikhail Khodorkovsky to head Russia's largest oil company, Yukos, the company
said in a statement posted on its website.
- Simon Kukes, 56, has been nominated to head the board
of directors, the statement said.
- Kukes, a member of Yukos' board of directors, emigrated
from the Soviet Union to the United States in the 1970s but has since returned
to Russia. He once worked for Russian oil company TNK.
- Kukes will head the board of YukosSibneft, a company
that was created when Yukos merged with a smaller rival Sibneft earlier
- The merger, due to be finalized at a shareholders' meeting
in late November, created the world's fourth largest oil and gas producer.
- Kukes worked in the US oil industry in Texas before returning
to Russia after the disintegration of the Soviet Union. He once told a
reporter he chose to work in Russia because "the work is interesting
-- every day there is a new challenge."
- Kukes's appointment came a day after Khodorkovsky resigned
as Yukos chief executive. Khordokovsky, Russia's richest man, has been
jailed on charges of massive fraud and tax evasion while prosecutors continue
an investigation into Yukos.
- The billionaire businessman obtained control of Yukos,
then a collection of oilfields and refineries in Siberia, during the shadowy
privatization deals of the 1990s, when people picked up choice Russian
assets for bargain-basement prices at questionable auctions.
- Over the years, Khordokovsky added assets and invested
massively in Yukos. The oil giant was the first Russian major to adopt
international accounting standards and hire western managers, in the wake
of the country's 1998 financial crash,.
- Today, Yukos is considered the best governed and most
transparent Russian business giant. It has a market capitalization of just
under 30 billion dollars.
- From SCM
- "The few who understand the system, will either
be so interested from its profits or so dependant
- on its favors, that there will be no opposition from
that class." -- Rothschild Brothers of London, 1863. And now Rothschild
has the Yukos oil fortune.
- The Zionist political group controls the dollar through
the Federal Reserve. The EU-Euro is creation of and supported by the Vatican
to counter Zionist aspirations of world domination.
- "The Zionists masquerading as Jews are not a race
of people but a political group."
- 'The International Jew' by Henry Ford, Sr. is a series
of extremely controversial articles printed in Ford's newspaper The Dearborn
Independent during the years 1920 to 1922. His series of articles reveals
quite clearly the plan for world domination by Zionism. The Zionists are
not a race of people but a political group that can be easily traced through
history back to the Pharisees of Esu Immanuel's day and beyond to Babylonia.
Today, the Zionists are known as the Khazarian Zionist Bolsheviks or KZB,
for their history extends back to the Khazars of Russia and forward to
their initiation of communism a century ago. Henry Ford refers to the KZB
as the 'International Jew'.
- The word 'Jew' does not appear in any of the earlier
historical or biblical writings, as it was first coined in the 1870's.
Jew refers to those people of HEBREW descent or the Israelites of the Bible,
who have SEMITIC ancestry. Zionists make up the political group which controls
the government of the country of Israel today. Often the word 'Zionist'
is wrongly used interchangeably with the word 'Jew'. Jews are considered
to be Semites, therefore those who hate Jews are called anti-Semitic. Henry
Ford was accused by the Zionists of being anti-Semitic. This is untrue
because Ford did not hate Jews, but was only exposing the Truth of Zionism.
From D. Michael
- Dear Jeff,
- Your site is to be applauded for taking a hand's-off
approach to the dissemination of information that is often sensational
or inflammatory, but ultimately always helpful.
- In this regard, your spate of articles grouped under
"Zionism" is particularly informative, especially those penned
by Jews who lend greater credence to the many valid - if highly controversial
- historical and moral commentaries on the Zionists.
- (This liberal approach to posting hypersensitive articles
- on both sides of the right/left divide - will, of course, one day bring
crushing forces to bear upon you, but by then it is to be supposed that
we will all be caught in the great "press.")
- As a freethinker, I am willing to tolerate the wide range
of opinions expressed, even when some of these opinions are themselves
absurd, inaccurate, or downright venomous.
- IN THIS REGARD, MAY I TAKE THIS OPPORTUNITY TO CORRECT
A READER'S POSTSCRIPT TO THE RECENT ARTICLE, "Khodorkovsky" Oil
Shared Passed to Rothschild."
- The reader comments that "The word 'Jew' does not
appear in any of the earlier historical or biblical writings, as it was
first coined in the 1870s. Jew refers to those people of HEBREW descent
or the Israelites of the Bible, who have SEMITIC ancestry. Zionists make
up the political group which controls the government of the country of
- This is blatantly false. The word Jew first occurs in
the Old Testament in II Kings 16: 5-6, which reads
- "Then Rezin king of Syria and Pekah son of Remaliah
king of Israel came up to Jerusalem to war: and they besieged Ahaz, but
could not overcome him. At that time Rezin king of Syria recovered Elath
to Syria, and drave the Jews from Elath: and the Syrians came to Elath,
and dwelt there unto this day."
- This passage serves to illustrate two essential historical
certainties: (1) Following Solomon's' death, Israel had split into two
distinct kingdoms: the Kingdom of Judah and the Kingdom of Israel. (2)
"JEWS" as a nickname was at that early date already used to refer
to the people of the Kingdom of Judah.
- A casual survey of the Scriptures will net many other
passages referring to the "Jews." To those who are inclined
to believe that the use of the term is of a recent coinage, one need only
consider that the King James Bible was written in the 1600s and the term
was obviously known to the translators. To say that the term was coined
in the 1870s is truly absurd on many levels, and can only serve to misinform
those readers who are not well-read.
- As an aside, may I caution you and all your readers that
there is a large body of so-called Christian groups who are of the opinion
that today's Jews are not Jews at all, but descendants of gentile converts
to Judaism who have, so to speak, stolen the Jewish identity and name.
(You may have guessed that the this leaves the "true" Jews, the
blue-eyed peoples of Nordic descent who will one day rise up to punish
the "false" Jews.)
- One must be careful to filter out the hateful biases
and lies of these "hate" groups (and I use the term advisedly).
Many articles purporting to provide the "true" history of the
Jews are nothing more than virulent racism of a kind that any good Nazi
(in any age) would be proud to claim.
- In time, there is little doubt that the Jews - the majority
of whom, it can be demonstrated, are doubtlessly descended from Judah -
will once again suffer for their Jewishness.
- In the meantime, I can only hope that more and more Jews
will open their eyes, avail themselves of the sort of freethinking content
that appears on your site, and prepare themselves for the next cruel onslaught.
- The Jews will not be alone, of course. All men and women
of conscience are likely to feel the heat along with them, as great Mystery
Babylon readies its hosts to make war with those who refuse to bend the
knee at the advent of the coming King of Forces (see Daniel 12).
- Thanks again for many intelligent, reasoned articles
on a myriad of subjects.
- D. Michael