MOSCOW COURT OF ARBITRATION CONTINUES YUKOS HEARINGS

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MOSCOW, March 26 (RIA Novosti) - Moscow's Court of Arbitration is continuing to consider the 99-billion-rouble claim of the Tax and Dues Ministry to the Yukos oil company. As in the previous two days, the court will hear the position of the plaintiff.

According to the ministry, 17 structures controlled by Yukos evaded taxes in 2000, to the sum of 99.375 billion roubles. Tax bodies are accusing the oil company of setting up an entire network of organisations (over 50 companies) to evade taxes at all levels.

At the previous hearings, the ministry presented evidence of Yukos's control over these companies. Moreover, the Court of Arbitration was provided with the ministry's information about tax optimisation in ten out of the 17 organisations in hand.

Meanwhile, Yukos lawyers repeatedly stated to the court and reporters that the case was considered with numerous procedural violations.

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