MOSCOW (Reuters) - Mark Gyetvay, a deputy chief of Russian natural gas 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 and colleagues. On Thursday I was indicted for baseless tax charges that I already settled through a voluntary program, and pleaded not guilty. I will vigorously fight these charges and will continue to discuss gas topics as normal," Gyetvay wrote on Twitter (NYSE: TWTR ).
The U.S. Department of Justice said on Thursday that Gyetvay had been arrested on tax charges related to $93 million hidden in offshore accounts. He faces a lengthy prison sentence if convicted.
Gyetvay, who holds passports from both the United States and Russia, was subsequently ordered released on a $80 million bond by U.S. Magistrate Judge Douglas Frazier of the federal court for Florida's Middle District, according to court filings.
He has been the leading voice at Novatek, anchoring conference calls with investors and representing the company at industry events as it seeks funds for liquefied natural gas (LNG) projects.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.