Russian Audit Chamber has no complaints about Rosneft and VEB

Nov 18, 2003 01:00 AM

The Russian Audit Chamber has no complaints to the Rosneft company and Vnesheconombank (VEB) following comprehensive checks into those organizations.
"Rosneft is a state-owned company which is effectively operating and functioning amid market conditions," Vyacheslav Smirnov, director of the Audit Chamber's department for contacts with government bodies of power, told.

Smirnov said that "the company is working successfully," adding that it undergoes regular checks.
Commenting on the results of the VEB check, he said that "VEB has always been and will remain an object of our interest. We have no complains whatsoever about its operations," he said.

Source: Interfax
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