Chairman Alexander Savelyev has claimed in an ongoing London High Court trial that he was not aware of any companies associated with Bank St Petersburg (BSP) purchasing Oslo Marine Group (OMG) assets seized from owner Vitaly Arkhangelsky.
BSP claims Arkhangelsky is liable for $90m in loan guarantees, and the Russian businessman is counterclaiming for damages of $500m. The bank denies Arkhangelsky’s allegations it illegally appropriated OMG assets.
Savelyev
