Lukashenka: Uralkali hides problems

The potassium sandal was started to hide Uralkali’s problems, the Belarusian President claimed. “I am asking like everyone else: why did they need to lead a seemingly successful enterprise (Uralkali and our enterprise) to a crisis? Their shares and income dropped. It seems that Uralkali was hiding serious problems.”

“It seems that they managed to keep hiding the issue by juggling with facts. They were getting more and more debts and were taking credits. Uralkali also had a lot of problems – the mines were flooded, it was necessary to move people,” BELTA quotes Alyaksandr Lukashenka.

"The swindlers did not manage to make both ends meet. There is information about the debt of 12 billion dollars and the income of only 2 billions. If it is true, the information Uralkali distributed all over the world was a lie. Uralkali is a public company known at London and Moscow Stock Exchanges. Distributing false information of the kind is international fraud,” Alyaksandr Lukashenka added.