Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Russia protests Belarus arrest of potash CEO  Join our daily free Newsletter

MENAFN - AFP - 27/08/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - AFP) Russia on Tuesday protested to its ex-Soviet ally Belarus over the "unacceptable" arrest of the chief executive of the leading Russian potash producer, who was detained in Minsk just hours after he met the country's premier.

Uralkali chief executive Vladislav Baumgertner was arrested at Minsk airport on Monday after visiting Belarus on the personal invitation of Prime Minister Mikhail Myasnikovich.

He was detained three weeks after Uralkali severed links with its Belarussian partner Belaruskali, triggering a crash in the share prices of global manufacturers of the fertiliser.

In a rare diplomatic row between Minsk and Moscow, Russia summoned the Belarussian ambassador for a meeting at the Russian foreign ministry.

Russian Deputy Foreign Minister Grigory Karasin told Belarus' ambassador Igor Petrishenko in Moscow that "the arrest of the businessman... is unacceptable," the ministry said in a statement.

"The arrest and information campaign surrounding it does not reflect the allied nature of our relations and could affect the scheduling of Russian-Belarussian contacts at a political level," it added, demanding Baumgertner's release.

The spokesman of the Belarus foreign ministry, Andrei Savinykh, hit back by saying the arrest should be "examined in the spirit of the law and not based on emotion and linkages to politics", a statement said.

Russia's ambassador to Belarus Alexander Surikov subsequently had a meeting at the Belarussian prosecutors' office in Minsk to discuss Baumgertner's arrest, Belarus state media said.

Belarussian investigators claim to have uncovered an illegal scheme by Baumgertner and other Uralkali managers to enrich themselves at a cost of 100 million to Belarus.

Baumgertner can now be held in custody for two months, although that can be extended, the spokesman of the Belarussian Investigative Committee, Pavel Traulko, said Tuesday.

"The accused is currently being interrogated," he told AFP in Minsk.

Belarussian state-controlled media have played up the arrest, with daily newspaper Belarus Segodnya (Belarus Today), which is run by the presidential administration, saying Uralkali's behaviour was similar to the "bandit capitalism" of the 1990s.

State television in a report entitled "Crime of the year" showed Baumgertner after his arrest being searched by security officers with his arms and legs spread apart and face against the wall.

Four other managers at Uralkali have also been put on a wanted list by Belarussian authorities, but they are currently all believed to be in Moscow.

The Belarussian Investigative Committee also said that it is looking into Suleiman Kerimov, the billionaire owner of Russia premier league team Anzhi Makhachkala and a major Uralkali shareholder, for unlawful activities.

The arrest of Baumgertner shocked observers, given the regime of strongman Belarus President Alexander Lukashenko is hugely dependent on cheap energy imports from Russia and Russian credits to keep its economy afloat.

A source close to Uralkali told Russia's Kommersant daily that the approval for such an arrest could only have come from Lukashenko, who has been in power for almost two decades.

The source added that Baumgertner's meeting with Myasnikovich had been "far from constructive".

"Of course (Mikhail) Myasnikovich knew about it (the impending arrest). The meeting with him was used as bait," the source told Kommersant.

The mercurial Lukashenko has needled Russia on occasion with his sometimes maverick behaviour but observers believe the Kremlin prefers him to a pro-West figure who could steer Minsk toward the European Union.

Lukashenko faced protests after his controversial re-election in 2010 and a severe economic crisis afterwards but largely remains unchallenged at the helm of Belarus.

Described as running Europe's last dictatorship by the United States and again treated as a pariah by the EU after the 2010 polls, Lukashenko is greatly bolstered by Russian support.

Uralkali accounts for about 20 percent of global potash production and the severing of its joint venture with Belaruskali was seen as marking the end of a cartel that has supported global potash prices.


 


AFP




  MENA News Headlines
 Oct 25 2014 - Fossil treasures at risk in Morocco desert townAFP
(MENAFN - AFP) In the middle of a sprawling palm grove in Morocco's remote eastern desert, inhabitants of an oasis town watch over a rare and vanishing treasure. At the entrance of a traditional ...

 Oct 25 2014 - Disabled Palestinian war photographer turns camera on cultureAFP
(MENAFN - AFP) When Palestinian Osama Silwadi was crippled by gunfire it ended his career as a war correspondent, but the now wheelchair-bound photographer has found a new calling documenting his ...

 Oct 24 2014 - Qatar- Aljazeera to mark 300 days since arrests of journalistsThe Peninsula
(MENAFN - The Peninsula)   Aljazeera will be airing a special 300 second montage live on TV and online today to mark the 300 days since the arrest of its journalists Baher Mohamed, Mohamed Fahmy and ...

 Oct 24 2014 - Qatari, Iranian firms sign agreementThe Peninsula
(MENAFN - The Peninsula)  Qatar's Minister of Economy and Trade H E Sheikh Ahmed bin Jassim bin Mohammed Al Thani yesterday visited the Islamic Republic of Iran, accompanied by a delegation that ...

 Oct 24 2014 - Ecuador invites Qatari investors in key sectorsThe Peninsula
(MENAFN - The Peninsula)  The visiting President of the Republic of Ecuador, Rafael Correa Delgado, invited Qatari businessmen to invest in some of the promising sectors of the Ecuadorean economy, ...

 Oct 24 2014 - Qatar- Interior Ministry signs deal worth QR329m at MilipolThe Peninsula
(MENAFN - The Peninsula)  The total number of people who visited the recently concluded Milipol Qatar exhibition reached 6,583 persons from 63 countries, according to a press statement.Brig Nasser ...

 Oct 24 2014 - Saudi- Rem Sibug leads winners in InterCon Monthly MedalArab News
(MENAFN - Arab News) Talented Filipino young golfer Christer Rem Sibug was back in winning mode after a vacation in his native Philippines when he claimed the centerpiece A-Division title last Friday ...

 Oct 24 2014 - Saudi- Lifebuoy bowlers strike double in Mobily CupArab News
(MENAFN - Arab News) Lifebuoy bowling team made an impressive start to the Thursday League 12th Conference for Mobily Cup winning a Team of the Week and Bowler of the Week double at the Bowling City ...

 Oct 24 2014 - Saudi- Alaska Aces trump Purefoods 93-73Arab News
(MENAFN - Arab News) MANILA: Everything was going well for debuting reigning Grand Slam champion Purefoods on Wednesday night until the Star Hotshots known last season as the San Mig Coffee Mixers ...

 Oct 24 2014 - Malaysia charges 3 with supporting ISArab News
(MENAFN - Arab News) KUALA LUMPUR: A Malaysian court on Thursday charged three men with supporting the Islamic State (IS) after they were arrested while attempting to leave the country to join the ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help