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RusAl Reignites Norilsk Spat

United Company RusAl, a shareholder in Norilsk Nickel, said Thursday that the management of the nickel company violated Russian federal law by refusing to provide it with voting papers from a June 28 annual general meeting.

RusAl is seeking to review the papers to “examine them in detail for evidence of wrong-doing,” the aluminum company said. RusAl, which owns 25 percent of Norilsk, said last week that it had asked Russia’s markets watchdog to probe the vote for irregularities.

“No one has denied RusAl’s demand,” Norilsk spokeswoman Erzhena Mintasova said. Russia’s markets watchdog has collected the voting papers in line with its investigation into the vote, she said.

Norilsk itself turned to the regulator July 12 to check the vote because of “all the insinuations and rumors around it,” Norilsk CEO Vladimir Strzhalkovsky told Kommersant.

“We still don’t understand why Norilsk would turn over the originals to the watchdog without making any copies for us,” RusAl spokeswoman Vera Kurochkina said. RusAl had from the start asked for copies of the voting papers and was told that they would be provided, she said.

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