Oligarch Bogdanov emerges as buyer of key Yukos subsidiary

Russia’s 13th richest man, a Kremlin-friendly oligarch known as the “Hermit of Siberia”, emerged yesterday as the most likely buyer of Yukos’ main oil production unit, Yuganskneftegaz.

The unit was sold to a mysterious shell company last Sunday for $9.4bn(£4.8bn) in a forcible auction designed to strip Yukos of its prize asset, ostensibly to help pay an enormous back tax bil

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