The newspaper quoted Izmestev's lawyer, Vladimir Sementsov, as saying his client was arrested upon his arrival at Bishkek airport by Russian and Kyrgyz security officers.
Izmestev had reportedly flown to the Kyrgyz capital from Geneva to meet with acting Prime Minister Feliks Kulov.
Sementsov told "Kommersant" that his client is now in custody in Moscow.
A spokesman for the Kyrgyz Prosecutor-General's Office, Toktogul Kakchekeev, confirmed Izmestev's arrest.
A representative from Bashkortostan at the Federation Council, the upper chamber of Russia's legislature, Izmestev resigned on December 13 amid allegations that he was involved in dubious business activities.
Izmestev has denied the accusations brought against him. "Kommersant" reported that Russian investigators also suspect him of being involved in a murder.
("Kommersant," AKIpress, Interfax, 24.kg)
Russia's Battle Against Corruption
Citizens of Russia's Urals region protest against alleged corruption in connection with a proposed smelting plant on Lake Shartash (TASS)
'A NATIONAL THREAT': Russian President Vladimir Putin highlighted the crippling problem of corruption during his annual address to the Federal Assembly in May. He emphasized the damaging impact of corruption on the country's economy and pledged to rid Russia once and for all of a "serious obstacle" ...(more)