Gazprom for vouchers. Fifteen percent of the stock was allocated to Gazprom employees. The state retained 40% of the shares. That amount was gradually lowered to thirty-eight percent. Trading of Gazprom's shares was heavily regulated. Foreigners were prohibited from owning more than nine-percent of the shares. In October 1996, 1% of Gazprom's equity was offered for sale to foreigners as Global Depository Receipts. In 1997, Gazprom offered a bond issue of US$2.5 billion. Chernomyrdin, as Prime Minister of Russia, ensured Gazprom avoided tight state regulation. Gazprom evaded taxes, and the Government of Russia received little in dividends. Gazprom managers and board
Central Energy Italian Gas Holding Central Energy Italian Gas Holding Central Energy Italian Inc is a gas distribution and trade company. It is a part of the Central Energy ], a company related to Gazprom. A deal between Italian Eni and Gazprom picked CEI as a partner delivering gas to Italy. Investigations by members of the Italian parliament revealed that Bruno Mentasti-Granelli, who is known as a close friend of Italian Prime Minister Silvio Berlusconi, owns 33 percent of CEIGH through two companies, Hexagon Prima and Hexagon Seconda. The deal was denounced due to the spreading scandal. Italian parliament blocked the contract, accusing Berlusconi of