Plus   Neg

Petropavlovsk CEO Faces Investigation In Russia - Quick Facts

Russian gold producer Petropavlovsk (POG.L) said the Investigative Committee of Russia for the City of Moscow has initiated an investigation into events involving the company's Interim CEO, Maksim Meshcheryakov. The investigation relates to a crime under article 330 of the Russian criminal code called 'Arbitrariness' in connection with the events of 26 - 27 August 2020. The company said it will fully cooperate with the Committee in its investigation.

Petropavlovsk previously announced on 28 August 2020 that Meshcheryakov encountered a lack of co-operation from some employees and ex-employees in certain of the Russian subsidiaries which prevented him obtaining access to the Group's office in Moscow.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Santa Cruz Bicycles LLC has recalled certain model year 2020 bicycles with aluminum frames citing fall risks, according to the U.S. Consumer Product Safety Commission. The recall involves about 2,900 units of model year 2020 Auminum Santa Cruz and Juliana Bicycles. In addition, about 216 were sold in Canada. AstraZeneca is mulling an additional global trial to confirm the 90% efficacy rate of its Covid-19 vaccine candidate at lower dosage, Bloomberg news quoted Chief Executive Officer Pascal Soriot as saying. In an interview, Soriot noted that instead of adding the trial to an ongoing U.S. process, the company might launch a fresh study to evaluate efficacy of lower dosage of its vaccine that perform U.S. airline Delta Air Lines, Inc. and its Italian codeshare partner Alitalia are planning to launch quarantine-free, COVID-free flights between U.S. and Europe through new testing protocols, starting in December. In a statement, Delta said it has signed deals with airports and governments eliminating quarantine requirements on COVID-tested flights connecting Atlanta and Rome.
Follow RTT