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Uralkali ex-CEO Baumgertner left under house arrest

January 16, 2014, 13:36 UTC+3 MOSCOW
Court turned down to release Baumgertner on a bail of 15 million rubles or higher
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© ITAR-TASS/Mikhail Dzhaparidze

MOSCOW, January 16. /ITAR-TASS/. Former CEO of Russian potash giant Uralkali Vladislav Baumgertner accused of abuse of powers is left under house arrest.

“Court ruled that a request from the detectives to extend house arrest to Baumgertner should be satisfied,” Judge Artur Karpov announced the court verdict of Basmanny court in Moscow on Thursday.

So, the court turned down to release Baumgertner on a bail of 15 million rubles ($449.7 thousand) or higher.

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