Russian bank offers 1 bln rouble ($15 mln) bet to back denial of Rosneft financing deal | Reuters:
Russian state bank VTB on Monday challenged media to a legally-binding bet of 1 billion roubles ($14.79 million) over what it said were incorrect reports it provided a loan to finance the sale of a stake in Rosneft to Qatar’s sovereign wealth fund.
Citing nine sources, Reuters on Friday exclusively reported that VTB had provided around $6 billion to the Qatari fund (QIA) for the 10.2 billion euro deal in 2016 in which a 19.5 percent stake in Rosneft was sold to QIA and commodity trader Glencore.
VTB said it did not issue a loan to the QIA.
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