Federal Department of Finance of Switzerland, accused Russia"s billionaire Viktor Vekselberg in violation of the law on the stock market and asked him to pay a record fine of 40 million francs (27 million euros).

According to agency Reuters, the Department of Finance came to the conclusion that Vekselberg has violated exchange rules registration, buying shares in the Swiss group Oerlikon in 2006. In Office concluded that Russia"s oligarchs under the share purchase was supposed to indicate that he, together with other investors created the group.

However, the company owned by Vekselberg Renova rejected the accusation, explaining that the creation of a group of investors was officially announced only when it appeared in the legal necessity - that is, in 2008. At Renova also stated that the imposition of a penalty, in fact, is a punishment for a normal market behavior.

Renova reported that it would challenge the decision of the Federal Department of Finance in the courts. For its part, the department in Bern declined to comment, citing the fact that the case is not closed.

Reuters has said that currently share the concern Renova Oerlikon is 45 per cent. Vekselberg also has almost 31 per cent in the engineering company Sulzer. The fact that Russia"s oligarchs as the largest shareholder effectively controls the two traditional Swiss concern, has become a cause for heated debate in Switzerland.

Currently, Oerlikon is experiencing financial difficulties. Fine of 40 million francs, or about 20 percent of the current value of the group, said agency dpa.

Mail.ru refused and from Google, and of "Yandex"
More expensive than other monarchs cost Europeans Queen of Great Britain and the Netherlands
Why Kiev has become a solid roller
Poll: Nearly 1.5 billion euros a year - for tutors
Lenders do not want to pay

Until the end of 2010, Ukrainian banks are going to restructure about 30% of its debts ...

Not mite May

Well, can not our people without elections !...

Russians have bought overseas housing for more than 11 billion dollars
Expert: Investment processes in Ukraine restored
China imposes sanctions against U.S. companies