Sibir Energy Gets GBP17 Million From Tchigirinski's Real Estate Sale
14 Luglio 2009 - 9:17AM
Dow Jones News
London-listed oil firm Sibir Energy PLC (SBE.LN) has received
GBP17 million from the sale of a London villa belonging to core
shareholder Chalva Tchigirinski, the company said late Monday.
Sibir Energy said the proceeds, which came from the sale of Hugh
House in Central London, will be used to pay down some of
Tchigirinski's debts to the company.
Tchigirinski is facing a lawsuit of at least $325 million by
Sibir Energy, in which he owns a 23.5% stake. Sibir Energy is
trying to recover funds paid to Tchigirinski last year as part of a
number of controversial real estate dealings, which were later
canceled.
Company Web site: www.sibirenergy.com
-By Jacob Gronholt-Pedersen, Dow Jones Newswires; +7 495 937
8445; jacob.pedersen@dowjones.com
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