Financial Times FT.com

Adviser to Putin attacks Yukos asset sale 'scam'

By Arkady Ostrovsky in Moscow

Published: December 29 2004 02:00 | Last updated: December 29 2004 02:00

Andrei Illarionov, the outspoken senior economic adviser to Vladimir Putin, Russia's president, said yesterday that the sale of Yuganskneftegas - the main production asset of Yukos oil company - was the "scam of the year" that demonstrated "the lack of rules" in Russia.

In one of the most stinging attacks on the policies of his boss, Mr Illarionov said the past year had marked "a complete change of the model of economic and social development", illustrated by the destruction of "the best national oil company - Yukos".

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this