Finance

Deputy chief of Russia’s Novatek says he will fight US tax charges

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Then-Chief Monetary Officer Mark Gyetvay of Novatek speaks through the Reuters Russia Funding Summit in Moscow, Russia, September 11, 2007. REUTERS/Sergei Karpukhin/File Picture

MOSCOW, Sept 26 (Reuters) – Mark Gyetvay, a deputy chief of Russian pure gasoline producer Novatek , who was arrested final week in america on tax expenses, mentioned on social media on Sunday that he had pleaded not responsible and would battle the costs.

“Expensive pals and colleagues. On Thursday I used to be indicted for baseless tax expenses that I already settled by a voluntary program, and pleaded not responsible. I’ll vigorously battle these expenses and can proceed to debate gasoline subjects as regular,” Gyetvay wrote on Twitter.

The U.S. Division of Justice mentioned on Thursday that Gyetvay had been arrested on tax expenses associated to $93 million hidden in offshore accounts. He faces a prolonged jail sentence if convicted.

Gyetvay, who holds passports from each america and Russia, was subsequently ordered launched on a $80 million bond by U.S. Justice of the Peace Decide Douglas Frazier of the federal court docket for Florida’s Center District, in accordance with court docket filings.

He has been the main voice at Novatek, anchoring convention calls with buyers and representing the corporate at trade occasions because it seeks funds for liquefied pure gasoline (LNG) tasks.

Reporting by Vladimir Soldatkin; Modifying by Kirsten Donovan

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