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Rosneft files lawsuit over EU sanctions to protect its shareholders — Sechin

October 23, 2014, 19:53 UTC+3 VERONA
Rosneft and Russian businessman Arkady Rotenberg, both under EU sanctions lists, filed lawsuits against the European Council late in July
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Rosneft CEO Igor Sechin

Rosneft CEO Igor Sechin

© EPA/SERGEI ILNITSKY

VERONA, October 23 /TASS/. The Rosneft oil company has sued the European Union over sanctions to protect the interests of its shareholders, the company head Igor Sechin told journalists on Thursday.

“Our aim is to protect the interests of our shareholders. We will always protect their interests at any cost,” Sechin said, commenting on Rosneft’s lawsuit to the Luxembourg-based European Court.

Sechin, however, refused to clarify what financial claims were contained in the lawsuit. “I would not talk about it now because there’s certain tactics of participation in the trial,” Sechin explained.

Rosneft and Russian businessman Arkady Rotenberg, both under EU sanctions lists, filed lawsuits against the European Council, the body that had imposed the penalties, late in July.

The claim from Rosneft entered the court on October 9, 2014 while two lawsuits from Rotenberg — on October 10. 

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