Sistema prepares to contest Rosneft in landmark court case

RUSSIA / FSU POLITICS - Report 02 Jun 2017 by Alex Teddy and Alexei Panin

The president of London-listed AFK Sistema, Mikhail Shamolin, has said the holding’s legal position is unshakeable and that it will fight head-on claims by Russian state oil major Rosneft for USD 3bn, as part of a suit filed in a Bashkir court in mid-May.

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