25.01.2016 - Russian Fund Under Scrutiny for Loan to Company Linked to Kremlin
The Russian Direct Investment Fund defends the Sibur deal, saying it follows the fund’s investment guidelines. The chief executive, Kirill Dmitriev, in a written statement, characterized the loan as commercially motivated and issued “in line with our established practices.” Mr. Putin, like many Russian officials, refuses to discuss his family or reveal family business activities. Mr. Shamalov has declined to confirm or deny whether he is married to the younger of Mr. Putin’s two daughters; a representative for Mr. Shamalov did not respond to written questions...............................................Full Article: Source
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