It is no surprise that a Russian company has not provided the full information to their auditors. That is a market that requires significant caution.
Investment in Russia is for the brave!
Onésimo Alvarez-Moro
See article:
The auditor of Russian oil firm Yukos' has withdrawn its reports over a ten-year period, casting doubt over information it was given by managers.
PricewaterhouseCoopers (PwC) said it made the move after it became aware information given by former Yukos bosses "may not have been accurate".
Yukos' main shareholder criticised the decision, claiming PwC had come under political pressure from the Kremlin.
See full Article.
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