Volgotanker Auction Suspended
OREANDA-NEWS. May 30, 2007. RFFI suspended the auction on the sale of the property of Volgotanker from June 19 to July 9, as it was informed.
The delay was prompted by the decision of the high bailiff. Earlier the auction was postponed by the same reason.
5 ships of Volzhskoe Shipping Volgotanker was set out at the auction for 85.6mln rub. in price.
The open auction will be held in Rostov-na-Donu.
The claims submitted by the tax service reached 740mln rub. in 2004. They were raised to 3.9bn rub. last year. In 2005 the top managers of the Shipping were charged for the fraud and money laundering.
Volgotanker involves 11 Russian shipbuilding, ship repair and servicing companies with 353 ships in the fleet. The 2005-revenues (RAS) gained 4.1bn rub.; net losses - 1.1bn rub.
76% are held by former top managers; 20% - the government.
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