BP chairman is like Goebbels, says Russian oligarch

The temperature of an already super-heated row between BP and its partners in Russia rose even further yesterday when the co-owner of its TNK-BP operation accused the oil giant of using Nazi-inspired tactics.

Mikhail Fridman, the chairman of Alfa Group, which co-owns TNK-BP, said the behaviour of the BP chairman, Peter Sutherland, during the dispute was "in the best traditions of Goebbels propaganda".

Mr Fridman's remarks came in an interview yesterday with the Russian newspaper Vedomosti. He launched a further attack on BP's chief executive, Tony Hayward, at a press conference shown live on Russian television, saying: "There is a good English word – arrogance – we have sensed this kind of condescension [from BP and Mr Hayward] for a long time."

Mr Fridman was joined in the attack by Viktor Vekselberg, another member of the four-strong group of Russian oligarchs that owns Alfa, in an interview with another Russian newspaper Kommersant.

Mr Vekselberg said: "There is a conflict going on ... There are basically military actions going on here. What's happening is a madhouse."

The latest outbreak of hostilities between BP and Alfa follows remarks made by Mr Sutherland last week, when the BP chairman accused the oligarchs of behaving like "corporate raiders" and criticised the Russian government for failing to step in to protect TNK-BP.

The two sides have repeatedly clashed over BP-TNK amid widespread speculation that the Russian government is keen to secure a stake in the company. A lock-up deal between Alfa and BP, under which both sides agreed not to sell their shares in the venture, expired last December and there have been increasingly frequent public disputes since then.

Both Robert Dudley, BP-TNK's chief executive, and his staff have been questioned by the Russian authorities over allegations about tax and labour market irregularities, while Alfa has accused the company of mismanagement. However, BP has publicly backed Mr Dudley and is desperate to avoid any sell-off of its stake in the venture, which is a crucial asset.

A spokesman for BP declined to comment on Mr Fridman's "Nazi" slur, but said the Russian business had been managed exceptionally well. "We don't think a reference such as that merits a response," he said.

Independent Comment
blog comments powered by Disqus

Day In a Page

Apple admits it has a human rights problem

Apple admits it has a human rights problem

After years of complaints and workers' suicides in China the technology giant faces up to the human cost of its gadgets
Peter Moore: 'I feel guilty I'm the only one alive'

Peter Moore interview

'I feel guilty I'm the only one alive'
Sellafield faces nuclear option as overspending threatens plant's future

Sellafield faces nuclear option

Overspending threatens plant's future
Israel blames Iran for embassy bomb attacks

Israel blames Iran for embassy bomb attacks

Tehran rejects Netanyahu's 'lies' after diplomats in India and Georgia targeted
Former manager enjoying Apoel crack at the big time

Tommy Cassidy interview

Former manager enjoying Apoel crack at the big time
James Lawton: Patience may not be a virtue this time, Roman – Andre Villas-Boas looks all at sea

James Lawton: AVB looks all at sea

Abramovich's visits to training reinforce the idea of a coach feeling pressure from above and below
The 10 Best sledges

The 10 Best sledges

Not all of them require snow...
Procrastination: Not now – I'm busy

Procrastination: Not now – I'm busy

Confronting the real reasons for puttting things off can help us beat it
Fun in the sunset years

Fun in the sunset years

A new movie follows retirees moving to India for low-cost care and a culture of respect for the elderly. For many Britons, it's already a reality
Picture preview: Lucian Freud drawings

Lucian Freud drawings

Picture preview
Silent revolution at the Baftas as the French take top awards

Silent revolution at the Baftas

The Artist wins in seven categories, with Meryl Streep the other big success story
Whitney Houston: The diva who had – and lost – it all

The diva who had – and lost – it all

Nick Hasted charts the highs and lows of Whitney Houston's life
How Picasso won over (some of) the British

How Picasso won over (some of) the British

Winston Churchill and Evelyn Waugh hated his work, but Picasso provided inspiration for a whole generation of UK artists
Topshop: A Decade Of Design

Topshop: A Decade Of Design

When London Fashion Week starts on Friday, Topshop will celebrate 10 years backing its brightest young stars
John Prescott: 'My wife thought I'd just retire, but I'm not a slippers man'

'My wife thought I'd just retire, but I'm not a slippers man'

At 73, John Prescott isn't mellowing. In fact he's taking a shot at becoming a police commissioner