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AFK Sistema says charges against its head ungrounded

September 16, 2014, 23:54 UTC+3 MOSCOW
Earlier Tuesday, Russian Investigative Committee spokesman Vladimir Markin said Vladimir Yevtushenkov was charged with money laundering
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MOSCOW, September 16. /ITAR-TASS/. Russian services conglomerate AFK Sistema said Tuesday it believes charges against its chairman Vladimir Yevtushenkov are ungrounded and added that it will defend its position.

Earlier Tuesday, Russian Investigative Committee spokesman Vladimir Markin said Yevtushenkov was charged with money laundering and placed under house arrest.

Law enforcement officers on Tuesday held investigative activities in the central office of Russian services conglomerate AFK Sistema in downtown Moscow, a source close to the company told Itar-Tass.

The source said the activities could have been connected to the fact that Sistema board chairman Vladimir Yevtushenkov was charged with money laundering.

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