CORRECTED - UPDATE 1-Sibir files $328 mln claim against ex-directors
(Corrects headline to read 'ex-directors' instead of 'ex-shareholders')
* Sibir starts high court proceedings
* Claims against ex-directors Chigirinsky, Cameron
* Claim could rise to $400 million
* Company claims shares manipulated in October
MOSCOW, April 6 (Reuters) - AIM-listed Russian oil producer Sibir Energy SBE.L said it is suing two ex-directors, including core shareholder Shalva Chigirinsky, in connection with unauthorised payments.
The claim currently stands at $328 million and is expected to rise to $400 million, the company said.
The company said it and two subsidiaries launched the claim in the Russian High Court in connection with alleged unauthorised payments Sibir had highlighted in February.
Sibir also said it believed its share price had been manipulated from Oct 16 to Oct 31. The shares are expected to remain suspended for the foreseeable future.
A Russian newspaper reported last month that oil and real estate tycoon Chigirinsky had given up his main Russian businesses and left the country for the United States. [ID:nLU201963]
(Reporting by Melissa Akin; editing by John Stonestreet)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints


Follow Reuters