Billionaire arrested in Russia

The Russian Investigation Committee suspects him of money-laundering. The arrest is connected with a criminal case started in connection with the theft of shares of enterprises in the fuel and energy complex of the Republic of Bashkortostan and their legalization.

Sistema is a Russian financial and industrial group that owns the controlling interest of the mobile network operator MTS. Sistema President Vladimir Yevtushenkov is among the top-20 richest Russian businessmen. His property costs about $98 billion.

Photo: vedomosti.ru

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