VOL. XLVI

No 41

13-October-2003

CASPIAN

Socar Voucher Scam Leads To US Indictment Against Czech Financier

Viktor Kozeny, a Czech financier, has been indicted in a New York Federal Court on 17 counts for allegedly defrauding investors in a scheme to purchase the State Oil Company of the Azerbaijan Republic (Socar) in the event that it should be privatized. Mr Kozeny, who holds an Irish passport and resides in Lyford Cay in the Bahamas, is charged with 15 counts of grand larceny and two counts of...