SOCHI, Russia Russian President Vladimir Putin has dismissed Economy Minister Alexei Ulyukayev after losing trust in him, Kremlin spokesman Dmitry Peskov said on Tuesday.Ulyukayev was detained overnight and charged with extorting a $2 million bribe from Rosneft (ROSN.MM), Russia's biggest oil company.
Peskov told reporters that Ulyukayev's arrest did not concern a $5 billion deal for Rosneft to purchase a stake in mid-sized oil producer Bashneft (BANE.MM).
(Reporting by Denis Pinchuk; Writing by Jack Stubbs; Editing by Mark Heinrich)
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Updated Date: Nov 16, 2016 00:02:45 IST