Rosneft denies Bashneft talks as Sistema boss held over 2009 deal
The founder of AFK Sistema has been charged with the fraudulent acquisition in of Bashneft in 2009
Vladimir Evtushenkov, the founder of Russian conglomerate AFK Sistema, has been placed under house arrest, in a move that's being linked by some to Rosneft's reported pursuit of the vertically integrated Russian oil company.Evtushenkov, the chairman and 64.2% shareholder in AFK Sistema, a Russian telecommunications and energy conglomerate, was on 16 September charged with theft and money laundering by Russia's investigative committee. He has been placed under house arrest.Sistema denied the charges saying: “Sistema’s management believes that the acquisition of BashTEK group was legal and transparent. The company is fully cooperating with the investigation and intends to use all legal means t
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