Russia Opens Criminal Case Against Uralkali CEO | Business | The Moscow Times

Russia Opens Criminal Case Against Uralkali CEO | Business | The Moscow Times:

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Andrei Makhonin / Vedomosti

The Russian Investigative Committee, by opening a criminal case against Uralkali CEO Vladislav Baumgertner, could be opening the way to his extradition from Belarus, where he had been held since August.

Russia has opened a criminal investigation into the chief executive of potash producer Uralkali, Vladislav Baumgertner, and will request his extradition from Belarus, federal investigators said Monday.

Belarus detained Baumgertner during a visit to Minsk on Aug. 26, about a month after Uralkali caused a row between Russia and Belarus when it unexpectedly pulled out of a sales cartel for fertilizer component potash with Belarus' major producer, Belaruskali.

Russia's Investigative Committee said in a statement that it had opened the investigation into Baumgertner on suspicion of abuse of power, the main charge he faces in Belarus."

'via Blog this'