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Kremlin dismisses reports on its involvement in Onexim assets sale

Earlier on Monday Vedomosti business daily reported with reference to sources that Onexim Group owned by businessman Mikhail Prokhorov was selling all its assets
Kremlin spokesman Dmitry Peskov Mikhail Metzel/TASS
Kremlin spokesman Dmitry Peskov
© Mikhail Metzel/TASS

MOSCOW, July 4. /TASS/. Kremlin spokesman dismissed the reports on involvement of the Russian Presidential administration in the potential sale of Onexim assets as "total nonsense."

"No, it is total nonsense, it is out of the question," Dmitry Peskov said Monday.

Earlier on Monday Vedomosti business daily reported with reference to sources that Onexim Group owned by businessman Mikhail Prokhorov was selling all its assets.

Onexim owns stakes in the mining industry (Rusal aluminium giant, Uralkali potash company), finances (Soglasie Insurance Company, Renaissance Capital and Renaissance Credit, International Financial Club), energy sector (Quadra power generator), real estate (OPIN) and media (RBC media holding, Snob).