‘Russia detains economy minister for $2mln bribe’

Author: agencies/online

MOSCOW: The Russia’s Investigative Committee said on Tuesday that it had detained Minister for Economy Alexey Ulyukayev on suspicion of taking a two-million-dollar bribe over a massive deal involving state-controlled oil giant Rosneft.

In a statement, the Investigative Committee said that Ulyukayev had been detained as part of a probe into large-scale bribe taking, claiming he received the money for allowing Rosneft to acquire a majority stake from the state in Russian oil company Bashneft in a $5.2 billion deal last month.

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