June 27, 2017 / 10:08 AM / 3 months ago

Putin doesn't plan to intervene in Sistema-Rosneft dispute: Kremlin

MOSCOW, June 27 (Reuters) - Russian President Vladimir Putin does not plan to intervene in a legal dispute between oil major Rosneft and Russian business conglomerate Sistema , Kremlin spokesman Dmitry Peskov said on Tuesday.

“Any decisions can be made only by the court,” Peskov said.

A Russian court froze some of Sistema’s assets on Monday as part of a 170.6 billion rouble ($2.9 billion) lawsuit filed by Rosneft against Sistema. Sistema’s shares slumped sharply on Tuesday on the asset freeze. (Reporting by Polina Nikolskaya; Editing by Alexander Winning)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below