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On March 23, 2015 the RF Supreme court recognized the payment of the so-called “golden parachute” in the amount of 200 million rubles (approx. 3 457 100 USD) to the former head of OJSC “Rostelecom” as unlawful.
DATE: March 27, 2015 | AUTHOR: atlawyers
On March 23, 2015 the RF Supreme court recognized the payment of the so-called “golden parachute” in the amount of 200 million rubles (approx. 3 457 100 USD) to the former head of OJSC “Rostelecom” as unlawful.The RF Supreme court reversed the decision of the lower court and considered the decision of the Board of Directors of OJSC “Rostelecom” on the payment as groundless in view of the fact that the amount of compensation had been determined unreasonably and unfairly in relation to the shareholders and OJSC “Rostelecom”.