Russ Oil-Gas

24 August 2007 - Upstream OnLine - Swiss judicial authorities today said they had lifted a freeze on all funds related to the Russian bankrupt oil company Yukos, about $165.8 million to $248.8 million. The move follows a ruling by Switzerland's highest court on Thursday blocking a Swiss government bid to give Russia documents linked to bank accounts held by the former Yukos owners, including Mikhail Khodorkovsky and Platon Lebedev, and several companies. "I can confirm we have lifted the freeze on the 200 to 300 million Swiss francs ($165.8 million to $248.8 million) frozen in Swiss banks," Maria Schnebli, a federal prosecutor in the Swiss attorney general's office said. "That is the end of it," Reuters reported her as saying.