AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Secret Shareholder Data for Sale.

Europe Intelligence Wire

| November 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Moscow Times)

A secret database claiming to hold personal information on hundreds of shareholders of Russian companies is up for grabs on the Internet for $12,000.

The anonymous Internet posting, which first appeared last week, is soliciting buyers for a database purported to belong to NIKoil Registrar, a shareholder registrar. Sixteen investment funds and more than 800 joint-stock companies -- including Sun Interbrew, LUKoil and Mobile TeleSystems -- are among NIKoil's clients.

One of Russia's oldest registrars, NIKoil also collects shareholder data for privately held companies. If it falls into the wrong hands, such shareholder information could be used in hostile takeovers or extortionary schemes.

"Our clients and their shareholders have not suffered real losses, but we believe that our company became a victim of a bad-faith attack," NIKoil general director Maxim Kalinin said Monday, Interfax reported. "I don't rule out that we will go to the authorities, provided the board of directors makes such a decision. On the other hand, it is unclear whether our database was in fact leaked. Therefore, it is still unclear whom to press charges against."

Pyotr Lanskov, member of the board at PARTAD, or Professional Association of Registrars, Agents and Depositories, disagreed. "There is no question that the information leak occurred," he said.

On Monday, the posting was still present on Zahvat.ru, an Internet site dedicated to mergers and acquisitions that claims to have 7,500 registered users.

Related articles from newspapers, magazines, journals, and more
Global News: Ural Siberian Deal Puts NIKoil At Forefront Of Banking...
Magazine article from: The Banker May 1, 2004 700+ words
...retail sector. A key deal in this trend is NIKoil Financial Corporation's recent acquisition...almost $1.5bn, as at the end of 2002. NIKoil Financial, which is not a bank, has...retail bank acquired in 2002, and IBG NIKoil Bank, the 13th largest bank in the country...
Nikoil eyes up a foreign partner.
Newspaper article from: Financial News July 16, 2001 700+ words
Russian investment bank Nikoil is seeking a foreign joint venture partner for...wariness about Russia's credibility are challenges Nikoil must overcome. But Zoteyeva is determined to succeed Nikoil is led by Nikolai Tasvetkov, a former leading...
NIKOIL BANK OPENS NEW BRANCH.
News wire article from: AZR - State Telegraph Agency of the Republic of Azerbaijan November 13, 2009 700+ words
Baku, 13 November (AzerTAc). The investigation-commercial bank Nikoil today opened a new branch, the 12th one, which locates in Yerni Yasamal district of Baku. The opening ceremony was attended...
RUSSIA: DETAILS EMERGE ON URALSIB TAKEOVER.(Nikoil Financial Corporation...
Newspaper article from: IPR Strategic Business Information Database December 17, 2003 700+ words
...board on 10 December, revealing that Nikoil Financial Corporation has controlled...Kommersant-Daily" reported on 11 December. Nikoil representatives now occupy seven of the 11 seats on the board. Nikoil President Nikolai Tsvetkov had confirmed...
RUSSIA: NIKOIL PICKS UP KOPEIKA.
Newspaper article from: IPR Strategic Business Information Database November 3, 2003 700+ words
NIKoil Financial Corporation announced in a 23...million, according to the newspaper.) NIKoil and Kopeika management each control 50 percent...Vedomosti" reported on 24 October. NIKoil plans to play an active role in running...
RUSSIA: NIKOIL PLANS URALSIB INTEGRATION, MERGER.(Nikolai Tsvetkov)
Newspaper article from: IPR Strategic Business Information Database November 16, 2003 700+ words
NIKoil Financial Corporation President Nikolai...plans to work toward an eventual merger of NIKoil's Avtobank and UralSib, "Kommersant...a 12-14 month period before merging. NIKoil purchased the 14 percent stake in UralSib...
RUSSIAN INVESTMENT FIRM NIKOIL ACQUIRES 16% OF LUKOIL
Newspaper article from: Europe Energy January 12, 1996 700+ words
...announced that on December 28, the Russian investment company NIKOIL was awarded a 16% stake in LUKOIL, the country's leading oil company. In exchange for LUKOIL shares, NIKOIL, an oil investment plc offered a global investment of 800 billion...
Mechel changes registrar.
Newspaper article from: Russia & CIS Business and Financial Newswire March 23, 2006 700+ words
Mechel changes registrar MOSCOW. March 23 (Interfax) - Directors at Mechel (RTS: MTLR) at a meeting on Tuesday approved a new registrar, Regional Independent Registrar Agency, instead of NIKoil Registrar, the steel producer said in a press release. pr
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA