Saturday, April 19, 2014


Russia

Russian Oil Executive Arrested For Attempted Fraud

The arrest announcement comes as TNK-BP negotiates an acquisition bid by the government-controlled Rosneft company.The arrest announcement comes as TNK-BP negotiates an acquisition bid by the government-controlled Rosneft company.
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The arrest announcement comes as TNK-BP negotiates an acquisition bid by the government-controlled Rosneft company.
The arrest announcement comes as TNK-BP negotiates an acquisition bid by the government-controlled Rosneft company.
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Russia's Interior Ministry says that a senior Russian executive from the private TNK-BP oil producer was arrested on attempted fraud charges linked to his work at a previous government post.

According to the officials, Igor Korneyev, the head of department for cooperation with state agencies at Russia's third-largest crude producer, allegedly offered two high federal posts to two businessmen for $3 million each last month, when he served as the deputy head of the government of the Siberian region of Irkutsk.

The announcement of Korneyev's arrest came as TNK-BP negotiates an acquisition bid by the government-controlled Rosneft company and follows board tension between the Anglo-Russian group's Russian tycoon co-owners and BP.

Based on reporting by RIA Novosti, ITAR-TASS, and AFP

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