VEB says halted investment operations on stock market in late 2008

DAVOS, January 29 (RIA Novosti) - Russia's state-controlled VEB bank stopped investing National Welfare Fund resources on the Russian stock market in late 2008, the VEB head said on Thursday.

Vladimir Dmitriyev said VEB had almost used up the quota allocated for the purpose - 175 billion rubles ($5.15 billion).