Russia's Putin dismisses economy minister - Kremlin | Reuters

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)

Reuters November 16, 2016 00:02:45 IST
Russia's Putin dismisses economy minister - Kremlin
| Reuters

Russias Putin dismisses economy minister  Kremlin
 Reuters

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)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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