TNK-BP Sues Executive

Aug. 23, 2012

Correction appended

TNK-BP has filed a lawsuit with an Arkansas court to freeze the U.S. assets of Igor Lazurenko, a former executive of the company, Kommersant reported Tuesday, citing a TNK-BP spokesman.

The lawsuit was filed to comply with an injunction of the High Court of Justice, the spokesman said. He added that the British court was hearing another lawsuit filed by TNK-BP against Lazurenko.

TNK-BP accused Lazurenko of receiving bribes worth $13 million for awarding oil shipping contracts to transportation companies N-Trans and Sovfrakht.

For his part, Lazurenko has accused TNK-BP and German Khan, one of its co-owners, of corruption, Bloomberg reported.

Lazurenko headed TNK-BP's logistics department and was fired in April.

Correction: An earlier version of this story incorrectly stated that Lazurenko filed a lawsuit against TNK-BP with a London court.

(MT)

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