Middle East Economic Survey

VOL. XLVIII

No 43

24-October-2005

CASPIAN

US Indicts Czech Financier Once More Over Socar Voucher Scam

A New York Federal Court has again indicted Czech financier Viktor Kozeny on 27 charges in connection with his alleged attempt to defraud a group of US investors who in the 1990s gave him hundreds of millions of dollars with which to purchase the State Oil Company of the Azerbaijan Republic (Socar). The plan called for the investors to purchase vouchers from the...