27 Mar 2013 10:31

Vekselberg says his company Renova has no assets in Cyprus

DURBAN, South Africa. March 27 (Interfax) - No assets belonging to Viktor Vekselberg, the owner of Renova, suffered any damage from the financial crisis involving bank deposits in Cyprus, Vekselberg told Interfax on Tuesday.

"I don't have anything there," Vekselberg said.

He also described the decision to tax large bank deposits in Cyprus as "very bad."