The attempt to "break through the sanctions blockade" and sell a large stake in Rosneft to respected Chinese investors has failed. CEFC Corporation postponed the deal for an indefinite period.
In the epic scheme of searching for a "serious foreign investor" for a stake in Rosneft, the state bank VTB again wedged in.
RRDB, the turnaround manager of the former bank of the Russian Orthodox Church, bought out its additional issue.
Such a conclusion was made by auditor Ernst & Young as early as in 2009