Russia's Putin dismisses economy minister - Kremlin

Reuters

15 November 2016 at 12:52 pm

Russian Economy Minister Alexei Ulyukayev who was detained by law enforcement officials on corruption charges, is escorted upon his arrival for a hearing at the Basmanny district court in Moscow, Russia, November 15, 2016. REUTERS/Maxim Zmeyev

SOCHI, Russia (Reuters) - 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 , 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 . (Reporting by Denis Pinchuk; Writing by Jack Stubbs; Editing by Mark Heinrich)

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