Wednesday, March 11, 2009

Tymchenko businessman sued the magazine The Economist.

Russian businessman Gennady Timchenko filed at London's High Court action against the magazine The Economist, wrote on Tuesday the newspaper "Vedomosti". According to the publication, we are talking about the vilification of the entrepreneur and his company Gunvor International BV.
November 29, 2008 in the journal article was published under the name "Grease my palm: bribery and corruption have become endemic" (Give me a paw on: Bribery and corruption have become endemic), recalls the newspaper. The article argues that the rise of Tymchenko coincided with the fall of Yukos, who are little known Gunvor oil was the third in the world, and the businessman worked in the oil company that has received much quota under the scheme to supply the oil for food; scheme organized by Putin, who at that time in the City Hall of St. Petersburg. "
According to the statement of claim, a copy of which is available to the newspaper, the plaintiff is required to compensate for libel (the amount of the claim is not disclosed), and to prohibit the publication of further publication of such information Tymchenko.
According to Vedomosti, the court may compel Tymchenko to disclose all assets, where he is a beneficiary, if the defense lawyers will be able to prove that it would help trial. Meanwhile, the sources of the newspaper stressed that Tymchenko on my own little decorated.
At the law firm Schillings, which represented the interests of Tymchenko, comment on the claim "Vedomosti" refused. A member of The Economist newspaper reported that there are exploring a lawsuit and consult with lawyers.
Recall, in April 2008 Tymchenko already tried to dissuade the western media in its proximity to the former Russian president and now Prime Minister Vladimir Putin. In a letter addressed to the newspaper The Financial Times, he rejected all the accusations that his business was built through the patronage of politicians.

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