Ex-German chancellor quits Russian oil giant

The EU parliament earlier voted to sanction Gerhard Schroeder, while the Bundestag decided to stop funding his staff and offices
Ex-German chancellor quits Russian oil giant

Former German Chancellor Gerhard Schroeder and German business executive Matthias Warnig are stepping down from their positions on the board of Russian oil giant Rosneft, the company reported on Friday.

The two directors said they cannot keep their positions, a statement from the company said, adding that its leadership “took their decision with understanding” and “thanked their unwavering support.”

Germany’s ex-leader loses privileges over Russia connection


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