Saturday, 30 September 2017

Anger as Former German Chancellor Schroeder heads up Rosneft board

Former German Chancellor Gerhard Schroeder is facing a backlash after being elected chairman of the Russian state-controlled oil giant Rosneft.

The appointment deepens his controversial links with Moscow. He has long been friends with Russian President Vladimir Putin.

The West imposed sanctions on Rosneft after Russia annexed Crimea in 2014.

The chair of the German parliament's foreign affairs committee said Mr Schroeder's move was "unbelievable".

German news provider Deutsche Welle quoted Norbert Roettgen as saying Mr Schroeder was "cashing in" on his former role as chancellor.
Back in August, Mr Schroeder was criticised by Chancellor Angela Merkel when he was nominated to join the Rosneft board. On Friday, shareholders voted to back his nomination.

BBC     News.