Kremlin: Davos forum undermining itself over attendance of Russian businessmen

Kremlin spokesman Dmitry Peskov said that the Davos world economic forum was undermining itself by not allowing Russian businessmen Oleg Deripaska, Viktor Vekselberg and Andrei Kostin to attend.

“The Davos forum became the Davos forum thanks to such businessmen. By rejecting such businessmen, the forum is hacking its own base," Reuters cited Peskov as saying.

The Financial Times reported yesterday that the men had been told to stay away from the event in January amid wariness over dealing with businessmen under sanctions from Washington.