Uralkali refutes Lukashenka’s accusations

The company’s reports were all public, he said. You can find the financial reports for the first half of 2013 in the company’s website. The reports were approved by the international auditor PricewaterhouseCoopers, Babinski said.

Lukashenka asked to inform London and Moscow Stock Exchanges about the real financial situation at Uralkali today. According to him, the scandal was organized to hide the internal problems in the Russian company.

“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,” the Belarusian President said.