Russia’s economy minister detained and investigated over alleged $2 million bribe linked to big oil deal

‘Russian Economy Minister Alexey Ulyukayev was detained Tuesday on suspicion of taking a $2 million bribe in return for his ministry’s support for a major oil company deal, Russia’s Investigative Committee said. The minister is in custody and awaiting charges.
“The circumstances of the crime are connected with Alexey Ulyukayev, who occupies a public post in the Russian Federation, receiving $2 million on November 14 for the positive assessment provided by the Economic Development Ministry that allowed Rosneft to complete the deal on purchasing the government’s 50 percent stake in Bashneft,” Svetlana Petrenko, deputy head of the Investigative Committee, said in an official statement.
“The necessary investigative actions concerning Ulyukayev are under way,” the Investigative Committee’s spokesperson said.’
Read more: Russia’s economy minister detained and investigated over alleged $2 million bribe linked to big oil deal