Tag: Economic Development Minister Alexei Ulyukayev

Russian Minister Ulyukayev Put Under House Arrest Over Bribery Accusations

A Moscow district court ruled on Tuesday to place Economic Development Minister Alexei Ulyukayev under house arrest in the large bribery case for two months.

Earlier in the day, Ulyukayev was officially charged with bribery on a very large scale. Ulyukayev demanded a bribe for a positive assessment of Russian energy company Rosneft’s acquisition of Bashneft company’s shares, according to the Russian Investigative Committee said.

Investigators said in court they had compelling evidence against Ulyukayev, including audio and video recordings, witness accounts, as well as fingerprints on banknotes.