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US Treasury extends deadline for investors to complete deals with GAZ Group


US Treasury extends deadline for investors to complete deals with GAZ Group
In July of 2020, the deadline for completing transactions with GAZ Group was extended until January 22, 2021
© AP Photo/Patrick Semansky
WASHINGTON, December 24. /TASS/. The US authorities are extending the deadline for investors to complete transactions with GAZ Group until January 26, 2022 and set the same deadline for American investors to get rid of the shares of the Russian holding.
The Office of Foreign Assets Control (OFAC) of the US Treasury Department announced this on Wednesday.
OFAC issued two general licenses: General License 13P, which extends the term for disposing of GAZ Group assets, and General License 15J, which specifies the terms for the extension of transactions with the holding. ....

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Russia's Putin says businessman Shamalov acquired Sibur shares as part of management programme


By Reuters Staff
1 Min Read
MOSCOW, Dec 17 (Reuters) - Russian President Vladimir Putin on Thursday said Kirill Shamalov, his former son-in-law according to media reports, acquired shares in petrochemical giant Sibur as part of a management incentive programme.
A joint investigation by iStories and the Organised Crime and Corruption Reporting Project (OCCRP) reported earlier this month that Shamalov, who sits on Sibur’s board, had received a stake in the firm worth an estimated $380 million for just $100.
Shamalov, responding to a Reuters request for comment via his company Ladoga Management, said his participation in the programme was the same as for other top managers. ....

Kirill Shamalov , Katya Golubkova , Vladimir Soldatkin , Thomson Reuters Trust Principles , President Vladimir Putin , Organised Crime , Corruption Reporting Project , Ladoga Management , Alexander Marrow Editing , Thomson Reuters Trust , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , ப்ரெஸிடெஂட் விளாடிமிர் புட்டின் , ஆர்கநைஸ்ட் குற்றம் , ஊழல் புகாரளித்தல் ப்ராஜெக்ட் , லடோகா மேலாண்மை , அலெக்சாண்டர் மஜ்ஜை திருத்துதல் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,