Has anyone please got any info on this one? It was supposed to start trading again in July and then August - almost end of August and nothing!

Sibir is so dodgy - so corrupted.



Sibir starts High Court action - MoneyAM

Sibir Energy has launched High Court proceedings against former chief executive Henry Cameron and major shareholder Chalva Tchigirinski over alleged unauthorised payments.

The company is claiming not less than $328m but says it expects total claims to rise to approximately $400m.

Sibir says it has told the FSA it believes its share price may have been manipulated and transactions made using money taken from the company. It expects its shares will remain suspended from trading on AIM for the foreseeable future.

In a trading update, Sibir says that operationally it continues to perform profitably and is cash generative.

today's info that the alleged bid was a total fabrication comes as no surprise at all .... wonder how many idiots got suckered by the initial report and bought on the grey market?