Kremlin calls reports of Al Riyadh allegedly offering Moscow $300 bln in exchange for its refusal to support Assad 'paper hoax'

MOSCOW. Oct 20 (Interfax) - Kremlin spokesman Dmitry Peskov has denied Iranian media reports that at talks with Russian President Vladimir Putin in Sochi, representatives of Saudi Arabia allegedly offered Moscow $300 billion in exchange for its refusal to support Syrian President Bashar al-Assad.

"This is not true. It is a newspaper hoax," Peskov told reporters on Tuesday.