Russia’s Economic Development Minister detained over $2 million bribe

Russia’s Economic Development Minister detained over $2 million bribe

Russia’s Economic Development Minister detained over $2 million bribe

Written by Keshala Dias

15 Nov, 2016 | 8:20 pm

Economic Development Minister of Russia Alexey Ulyukayev, has been detained over a $2 million bribe to help push through a massive oil deal. He is the highest ranking Russian official held since the 1991 coup attempt,

Ulyukayev “was caught red-handed”, receiving a $2 million bribe on November 14. for giving a favourable assessment of the Rosneft (Oil company) deal, according to  Russia’s main anti-corruption body, the Investigative Committee.

Ulyukayev is under investigation for allegedly taking the money in return for his ministry giving a “positive assessment” of state-owned oil giant Rosneft’s $5 billion deal to take control of smaller firm Bashneft, Russia’s Investigative Committee said today, Tuesday, November 15.

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