Page last updated at 11:29 GMT, Tuesday, 14 July 2009 12:29 UK

Oleg Deripaska on 'yachtgate' scandal

The Russian billionaire tells Newsnight's Tim Whewell that he may sever ties with Britain after the "yachtgate" scandal of last summer, when the-then EU trade commissioner Lord Mandelson and shadow chancellor George Osborne were involved in controversy after a party on his yacht.

Lord Mandelson has denied doing "any favours" for Mr Deripaska, and George Osbourne strongly denies trying to solicit a donation to the Conservative Party while on the businessman's yacht.

Watch the full interview with Oleg Deripaska in Newsnight at 2230 BST on Tuesday 14 July 2009 on BBC Two.

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