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MOSCOW (Reuters) – Russian businessman Vladimir Potanin plans to appeal a London court decision to block him from buying shares in mining company Norilsk Nickel (GMKN.MM) from fellow investor Roman Abramovich, representatives at Potanin’s investment firm said on Tuesday kohls cufflinks uk sale. The ruling, taken in June, was considered to be advantageous for Russian tycoon Oleg Deripaska, who controls aluminum giant Rusal (0486.HK), and has long been at loggerheads with Potanin over control of Norilsk Nickel. He wanted to stop Abramovich, owner of England’s Chelsea soccer club, from selling shares in the company to Potanin, saying that would violate a 2012 shareholder agreement..
Representatives of Interros, which manages Potanin’s assets, said they had filed a request together with Abramovich’s investment vehicle Crispian, to be allowed to appeal the decision. “Today the judge satisfied our request,” Interros said. “Within 21 days after receipt of the court decision we have to submit our appeal to London’s Court of Appeal.” kohls cufflinks uk sale. Rusal, which holds a 27.8 percent stake in Nornickel, declined to comment. A representative for Abramovich did not respond to requests for comment..
In September, Potanin returned a 2 percent stake in Nornickel to Abramovich and his partners, that he had previously bought from them for about $800 million – a move which had increased his holding in the miner to 32.9 percent. He had previously promised to return the stake to Abramovich if the London court ruled against the deal kohls cufflinks uk sale. Deripaska and Potanin have battled over control of Nornickel ever since Rusal, the world’s largest aluminum producer outside China, bought a stake in the miner just before the 2008 global financial crash..
COPENHAGEN/LONDON (Reuters) – When Howard Wilkinson was given a tablet as a gift from a client and his boss did not respond to questions about what he should do with it, the Briton sold it and donated the proceeds to the Tallinn Childrens’ Hospital in Estonia. The former banker-turned whistleblower then handed the receipt to his employer, Copenhagen-based Danske Bank (DANSKE.CO), which has since has become embroiled in one of the world’s biggest money laundering scandals kohls cufflinks uk sale. The 2012 episode, described by Wilkinson’s U.S. lawyer and confirmed by the Estonian hospital, sheds light on the nature of the previously obscure 47-year-old, who helped lift the lid on 200 billion euros ($225 billion) of suspicious payments flowing from countries such as Russia through Danske to the West..
Wilkinson, the former Baltics head of trading in Danske’s markets division, says he stumbled across the scheme in 2012, reported his concerns to bosses in 2013 and 2014 and assumed they would fix it. He was wrong. He told shocked European and Danish lawmakers last week that at least 10 banks, including large U.S. and European lenders, funneled money through Danske in Estonia, Lithuania and Denmark to the U.S. and out into the financial system between 2007 and 2015 kohls cufflinks uk sale. Billed by some as a hero in a global fight against dirty money, Wilkinson said he felt he had “done something good for society” – but never wanted a lead role in the Danske drama..