RUSAL says Reuters, Bloomberg reports questionable

MOSCOW, Apr 27 (PRIME) -- Information from anonymous sources of agencies Reuters and Bloomberg about Russian aluminum giant UC RUSAL is questionable, the company said on its Facebook page on Friday.

“In connection with publication of reports about RUSAL by agencies Reuters and Bloomberg based on information received from anonymous sources of questionable quality, RUSAL’s press office states the following. Such articles based on dilettantish comments of anonymous sources and facts that have nothing to do with reality bring damage to the company’s business reputation,” RUSAL said without specifying reports.

“Concoction of such sources creates a false idea about what is happening, while the company in a difficult situation focused all its resources to find the best solutions for the benefit of clients, employees, investors and creditors. RUSAL keeps the right to use all legal measures to protect its reputation,” the company said.

On Thursday, Bloomberg reported citing sources that businessman Oleg Deripaska plans to keep control over RUSAL despite the U.S. sanctions.

On April 6, the U.S. imposed sanctions against 38 Russian tycoons, officials and companies including RUSAL. U.S. citizens must terminate all contracts with the company until October 23.

On Monday, the Office of Foreign Assets Control (OFAC) said that the U.S. can lift sanctions against RUSAL if Deripaska cedes his control.

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