Russia on Tuesday put Economy Minister Alexei Ulyukayev under house arrest for two months over suspicions he pocketed a two-million-dollar payoff during a deal involving state-controlled oil giant Rosneft.
Russian authorities said Tuesday they have charged Economy Minister Alexei Ulyukayev with bribe-taking after he was detained on suspicion of taking a two-million-dollar payoff over a deal involving state oil giant Rosneft.
The Investigative Committee, the country’s main federal investigative body, said in a statement it had charged the minister with “receiving bribes” after he “illegally demanded” that a Rosneft representative pay him to endorse its acquisition of a majority stake from the state in Russian oil company Bashneft.
Investigators accused Ulyukayev of “threatening, using his ministerial powers, to create obstacles to the company’s activities in the future.”
“Thanks to a timely report of the minister’s illegal activities by representatives of Rosneft to law enforcement, Alexei Ulyukayev was caught red-handed as he received a two-million-dollar bribe,” the statement said.
The Investigative Committee also reiterated that the acquisition of the Bashneft shares was not the subject of the criminal investigation.
Ulyukayev is expected to appear in court later Tuesday for a ruling on his possible detention. The large-scale bribe-taking charge could see him face a jail term of between eight and 15 years.
Source: AFP