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On July 25 the Financial Times announced that TNK-BP's CEO, Robert Dudley, was leaving Russia and would run the company ''from a secret location abroad''. It was the last move in a chain of confrontations about the strategic directions the company is expected to take. The Russian shareholders (led by Mr. Fridman , according to the media) are pressing for independence from BP, and accuse London of trying to run this joint-venture as a local office, avoiding those moves that are in conflict with direct BP interests. On its side, BP declares that the Russians are mostly willing to ''extract cash'' from the company, instead of reinvesting profits.