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Deputy chief of Russia’s Novatek says he will fight U.S. tax charges By Reuters


© Reuters. FILE PHOTO. Mark Gyetvay (the then-Chief financial officer of Novatek) speaks during the Reuters Russia Investment Summit held in Moscow, Russia. September 11, 2007. REUTERS/Sergei Karpukhin/File Photo

MOSCOW (Reuters) – Mark Gyetvay, a deputy chief of Russian producer Novatek, who was arrested last week in the United States on tax charges, said on social media on Sunday that he had pleaded not guilty and would fight the charges.

“Dear friends, colleagues. “Dear friends and colleagues. I was arrested Thursday for tax violations that I had already resolved through a voluntary agreement. I pleaded not guilty. Gyetvay posted on Twitter: “I will fight these charges vigorously and will continue discussing gas topics as usual.”

On Thursday, the U.S. Department of Justice announced that Gyetvay was arrested for tax related to $93 Million hidden in offshore accounts. If convicted, he faces a long prison sentence.

According to court filings, Gyetvay holds passports in both Russia and the United States. He was then released by U.S. Magistrate Douglas Frazier, the federal court’s Middle District.

Novatek has had him as a leading voice. He anchors conference calls with investors, and represents the company at industry events.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.