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Sibir suspends CEO, orders probe


Published Feb 25, 2009
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Sibir Energy - Refinery

Russia-based oil and gas explorer Sibir has ordered its lawyers and Earnst & Young to investigate the company’s chief executive and company real estate dealings involving a key shareholder.

The company has suspended its chief exec, Henry Cameron, from most of his duties pending the end of investigations. A deputy chief exec, Stuard Detmer, has taken over.

A key shareholder, one Chalva Tchigirinski, allegedly owes the company money, and now all dealings with him in 2008 are being probed.

Tags: Sibir Energy



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