Deputy chief of Russia’s Novatek says he will fight U.S. tax charges By Reuters

© Reuters. FILE PHOTO: Then-Chief Monetary Officer Mark Gyetvay of Novatek speaks throughout the Reuters Russia Funding Summit in Moscow, Russia, September 11, 2007. REUTERS/Sergei Karpukhin/File Photograph

MOSCOW (Reuters) – Mark Gyetvay, a deputy chief of Russian producer Novatek, who was arrested final week in the USA on tax fees, stated 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 fees that I already settled by means of a voluntary program, and pleaded not responsible. I’ll vigorously battle these fees and can proceed to debate gasoline subjects as regular,” Gyetvay wrote on Twitter (NYSE:).

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

Gyetvay, who holds passports from each the USA and Russia, was subsequently ordered launched on a $80 million bond by U.S. Justice of the Peace Choose 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 traders and representing the corporate at trade occasions because it seeks funds for liquefied pure gasoline (LNG) initiatives.

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