Word: tatneft
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Dates: during 2000-2009
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...addition to delisting its shares, Tatneft plans to terminate its registration with the U.S. Securities and Exchange Commission (SEC), which it said has become too expensive to maintain. The company said that it would focus its efforts on the London Stock Exchange...
Mohamed A. El-Erian, Harvard’s chief endowment manager, told The Crimson that the move would have no effect on Harvard’s holdings in the company, implying that Harvard’s nearly $5 million stake in Tatneft would move to London...
...Sudan, which Harvard can theoretically do since regulations only require HMC to disclose its holdings on domestic exchanges. In particular, Harvard may still hold shares of five such companies from which other universities have divested. Most notably, Harvard holds a nearly $5.1 million stake the Russian oil firm Tatneft...
...Harvard still has not announced a divestiture from the Russian oil firm Tatneft, despite the fact that other schools—including Amherst, Stanford, and the University of California—have cut ties to Tatneft to protest the company’s links to the Khartoum regime...
...Tatneft submitted a statement to the SEC last July 14 stating that “we participate or intend to participate in projects in...Sudan, where both we and Russia have strong historical ties, subject to compliance with applicable international sanctions regimes...