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Uproar at Xamax shareholders’ meeting

This content was published on Aug 29, 2011 Since Chechen businessman Bulat Chagayev holds a majority of the shares, the revolt of small shareholders in any case made no difference to his plans. Chagayev, absent “for family reasons”, was named chairman of the club by the meeting, and his associate Islam Satujev vice-chairman. Opponents whistled and booed, but Satujev refused to answer any…