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Russia’s Sberbank, Rossiya Bank Respond to Panama Papers

State-owned lender Sberbank has never conducted any controversial transactions, conduct of Russia’s largest lender German Gref pronounced Tuesday in response to a Panama Papers, a Interfax news group reported.

“While we can't criticism on anything, we know for certain that by us there have never been any controversial deals made,” Gref said, Interfax reported.

He pronounced a reports were “politicized” during a impulse and that it was too early for him to comment, Interfax reported.

The International Consortium for Investigative Journalism (ICIJ) and a Centre for a investigate of crime and orderly crime (OCCRP) published a research of 11.5 million papers from a repository of a Panamanian offshore law organisation Mossack Fonseca from 1977 to a finish of 2015.

The information implicates 12 stream or former heads of state. The Panama Papers also minute a route of exchange that leads from Bank Rossiya — a Russian bank on a EU and U.S. sanctions list — to several countries including Switzerland and Panama.

Bank Rossiya considers a news an conflict by both Russian and unfamiliar media and does not accept a authenticity, a Vedomosti business journal reported Tuesday.

The bank released a matter observant that it “considers it inapt to yield comments on such illogical speculation,” though pronounced it is not a initial time a bank has been a intent of “unsubstantiated information attacks,” Vedomosti reported.

Bank Rossiya, whose biggest shareholder is Yury Kovalchuk — a male who according to a U.S. State Department is President Vladimir Putin’s “personal banker” — is underneath sanctions for a impasse in Ukraine.

Article source: http://www.themoscowtimes.com/article/564811.html