Russian law enforcement conduct searches of Vekselberg-owned business: sources

September 5, 2016 7:19 AM EDT

Get access to the best calls on Wall Street with's Ratings Insider Elite. Get your Free Trial here.

MOSCOW (Reuters) - Russian law enforcement forces are conducting searches of a business belonging to Russian tycoon Viktor Vekselberg in Moscow, two sources close to the businessman told Reuters on Monday.

Andrey Shtorkh, a spokesman for Renova group, which manages Vekselberg's assets, was quoted as saying by Interfax news agency that the searches were related to Renova subsidiary T Plus and its operations in Russia's Komi region.

(Reporting by Moscow Newsroom; Writing by Polina Devitt; Editing by Christian Lowe)

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories


Add Your Comment