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    Former German chancellor Schröder to leave Russian oil firm board


    May 20, 2022 - dpa

     

      Moscow — Former German Chancellor Gerhard Schröder wants to abandon his post as head of the supervisory board of Russian oil giant Rosneft, the company announced on Friday.Schröder - who has come under increasing international pressure for his business ties to Russia since Moscow launched its invasion of Ukraine in February - has announced that it is impossible for him to extend his mandate on the board, Rosneft said, without giving further details.Long the subject of fierce criticism in Germany for his ties to Russia, the 78-year-old had his right to an office at the Bundestag removed this week and is facing calls to be sanctioned from the European Parliament.Schröder was a Social Democratic party chancellor from 1998 to 2005 and, after leaving office, went on to work for Russian energy giants Gazprom and Rosneft, among others.

      ©2022 dpa GmbH. Distributed by Tribune Content Agency, LLC.

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