By Bryce Elder and Neil Hume
Published: October 17 2008 03:00 | Last updated: October 17 2008 03:00
Sibir Energy lost its position as Aim’s biggest company after it bailed out core shareholders just a week after denying they had been facing margin calls.
The Siberia-based oil group said it had advanced $159m of pre-acquisition funds to Chalva Tchigirinsky and Igor Kesaev while it negotiated a final price for assets including a Moscow hotel. The pair had taken out loans secured against their 47 per cent Sibir stake.
Other businesses being sold to Sibir by the Russian businessmen included undeveloped land in a Moscow suburb and stakes in an ether refinery. The company admitted it had taken the steps to preserve its shareholder structure.
Sibir sank 32.9 per cent to 204¾p, valuing the company at £791m. Three months ago it had been worth £3.2bn, bolstered by hopes that Royal Dutch Shell would take a stake.
Copyright The Financial Times Limited 2008


















Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.














IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:


MORE DETAILS:












A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































