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Mikhail Shamolin, chief executive of Sistema
“We think that the claim is pretty much baseless,” Sistema’s Mikhail Shamolin told CNBC, speaking from the St. Petersburg International Economic Forum, referring to the multi-billion dollar lawsuit that Rosneft filed on May 2.
“We have a claim and we are dealing with this in court in a civilized way and we believe that our legal position is pretty tight and we’ll see how it goes,” he added.
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