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
Corporations of Jehovah's Witnesses Corporations of Jehovah's Witnesses A number of corporations are in use by Jehovah's Witnesses. They publish literature and perform other operational and administrative functions, representing the interests of the religious organization. "The Society" has been used as a collective term for these corporations. The oldest and most prominent of their corporation names, "Watch Tower Society", has also been used synonymously with the religious organization of Jehovah's Witnesses, even in their own literature. Particularly since 2000, Jehovah's Witnesses have maintained a distinction between their corporations and their religious organization. The primary corporations are operated by Governing Body "helpers" who implement its