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N e w s

SEPTEMBER 6 
The close-end Yuzhuralzoloto made a decision to cover the 20m debts of the open-end Yuzhuralzoloto (recognized as a bankrupt) for Cheliabenergo in cash, the company informed.
The first 2m rub. have been transferred to the energy company by now.
Earlier, the decision was made to cover the debts in the form of the multistage offset at the participation of UES and Zenit bank. Yuzhuralzoloto should deliver the gold for the bank which in its turn was obliged to pay UES in cash.
But this scheme was recognized to be unreasonable.
Source: AK&M
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