Russian economy minister detained over alleged $2 mln bribe

Russia's Economy Minister Alexey Ulyukayev, seen during the St. Petersburg International Economic Forum, in 2014Russia’s Investigative Committee said on Tuesday it had detained Economy Minister Alexei Ulyukayev on suspicion of taking a two-million-dollar bribe over a massive deal involving state-controlled oil giant Rosneft. It alleged in a statement the minister received the money on Monday for giving the go-ahead for Rosneft to acquire a majority stake from the state in Russian oil company Bashneft in a $5.2 billion (4.84 billion euro) deal last month. The sale of the 50.07 percent stake in Russia’s sixth-largest producer came after months of wrangling that has seen Rosneft — headed by Igor Sechin, a powerful ally of President Vladimir Putin — face down opposition from some in the government, while Ulyukayev said Rosneft could bid for the stake.

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