Russian fund says it invested in Telegram with Mubadala, app denies

Russian fund says it invested in Telegram with Mubadala, app denies
Russian fund says it invested in Telegram with Mubadala, app denies

Telegram has denied claims by the Russian Direct Investment Fund (RDIF) that it joined the Abu Dhabi State Fund Mubadala Investment Company in purchasing the messaging app's convertible bonds. "We will not be open to any transaction with this [RDIF] fund," Telegram said. Telegram was banned in 2018 for nearly two years after Russian regulators refused to provide encryption keys.

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