Russia Denies Paying Fine on Iran Missile Contract

RIA Novosti - 1/21/2012

Russia has returned a prepayment it received for S-300 surface-to-air missile systems it ultimately refused to deliver to Iran but has paid no penalty, Russian Technologies chief Sergei Chemezov said on Friday. “The prepayment to the manufacturer was returned to the Iranians because the delivery was not made in accordance with a UN Security Council resolution,” he said.

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