Friday 11 October 2013

Uralkali CEO Faces 12 Years in Belarusian Jail on New Charges | Business | RIA Novosti

Uralkali CEO Faces 12 Years in Belarusian Jail on New Charges | Business | RIA Novosti:

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Alexander Lukashenko
© RIA Novosti. Alexei Druzhinin
Belarus has changed the charges faced by the detained CEO of Russian fertilizer maker Uralkali, upping the maximum possible punishment by two years, according to the Belarusian president.
“They have reclassified the charge to embezzlement, I think,” Alexander Lukashenko said at a press conference in Minsk on Friday.
Vladislav Baumgertner was previously charged with abuse of power, which is punishable by up to a decade in jail, according to the Belarusian Criminal Code. The maximum penalty for embezzlement in Belarus is 12 years.
Baumgertner, a Russian citizen, was detained in the Belarusian capital in August and taken into custody, though he was later transferred to house arrest, also in Minsk.
Belarus also asked Interpol to issue an international arrest warrant – on suspicion on abuse of power – for Russian billionaire Suleiman Kerimov, a major shareholder in Uralkali, though Interpol refused to do so."

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