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Russian tycoon's spokesman says loans to Sunbarn offshore company lower than report says

April 04, 21:26 UTC+3 MOSCOW
The International Consortium of Investigative Journalists has published documents revealing offshore links of many prominent people, including Russian legal entities and individuals
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MOSCOW, April 4. /TASS/. Loans issued by companies of Russian tycoon Arkady Rotenberg to Sunbarn offshore company mentioned in the report by the International Consortium of Investigative Journalists (ICIJ) are materially lower than the amount indicated in the said report and are reimbursable, Rotenberg’s spokesperson told TASS on Monday.

"Loans extended by our companies to Sunbarn are by far smaller than the indicated amount; they are reimbursable and were granted to close a specific transaction on commercial terms. Loans will be mature in 2023," Rotenberg’s spokesperson said.

The International Consortium of Investigative Journalists (ICIJ) published on Sunday some 11.5 million documents revealing "the offshore links of some of the planet’s most prominent people." The leak includes material on hidden financial dealings of a range of Russian legal entities and individuals.

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