Owner AFK «System» I am confident in the favorable outcome of the dispute with Rosneft

© RIA Novosti / Alexei Nikolskiye in fotoreceptor of the Board of Directors of AFK Sistema Vladimir Yevtushenkov. Archival photoOwner AFK «System» I am confident in the favorable outcome of the dispute with Rosneft© RIA Novosti / Alexei Nikolskiye the image Bank

Main shareholder and owner of AFK «Sistema» Vladimir Yevtushenko believes that the dispute with «Rosneft» will end positively for the Corporation.

«Thank you for your support and understanding of the situation. You know perfectly well that, unfortunately, no such corporate disputes are not necessary. We really believe that our cause is absolutely right. Reason will prevail. And this page in our history, too, will be passed,» he said, concluding the annual meeting of shareholders.

AFK «System» till the end of 2014 owned controlling stake of «Bashneft». «Rosneft», «Bashneft» and Bashkiria in the court demanding to recover from the AFC and her «daughter» is 170.6 billion rubles in favor of «Bashneft». The plaintiffs believe that the damage occurred taking into account the weakening of the ruble «System» caused Bashneft’s reorganization.

«The system» for its part, has repeatedly stated the groundlessness of the claims and willingness to defend its position in court.

On Thursday, the official representative of AFK Sergey Kopytov has told RIA Novosti that the company has offered «Rosneft» the dispute-settlement mechanism, which allows extrajudicial evaluate the results of the reorganization of Bashneft and the financial implications of this restructuring for the oil company. The head of «Rosneft» Igor Sechin said that will verify the legitimacy of the proposals of the AFC.

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