Believe it or not...this did happen

October, 2007

How do you invite shareholders to an EGM but then not let them in?

• Just send an invitation by post, obtain proof of invitation by taking registered postal receipts and then withdraw the letters from the Post Office. ...

July, 2008

How do you prevent minority shareholders from having representatives on the company’s BoD?

• If your discriminatory BoD Policy does not go through and is overruled by the Russian law courts, just annul the minority shareholders‘ votes at the AGM by issuing an execution order, that nobody has seen and which in the end happens to be stolen from a courier’s bag on the streets of Moscow...

December, 2009

How do you help other majority shareholders‘ companies to use Ingosstrakh‘s financial reserves via related-party transactions when you yourself are a related party, and are therefore unable to vote on this at the EGM?

• Just pretend you are a completely independent entitythat has nothing in common with the owner’s holding company, BazEl...