Home Breaking Gerhard Schröder gives up his post at Rosneft

Gerhard Schröder gives up his post at Rosneft


Former Chancellor Gerhard Schröder wants to leave the supervisory board of the Russian oil company Rosneft. Schröder, who is the head of the Rosneft supervisory board, said it was impossible for him to extend his mandate on the board, the group said on Friday. Details were not given. The German businessman Matthias Warnig also informed the group that he could no longer be a member of the supervisory board.

As a result of Russia’s Ukraine offensive, Schröder came under massive pressure because of his activities for Russian energy companies in Germany and the EU. On Thursday, the European Parliament pushed for Schröder to be included on the list of sanctions against Russian oligarchs if he held on to his posts in Russian companies despite the war in Ukraine.

“Even if it happens late, I welcome this step,” said SPD member of the Bundestag Ralf Stegner WELT. “However, Gerhard Schröder holds other positions in Russian companies, and he has to give them up as well.”

More to come