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Russian Investigative Committee opens office abuse case against Uralkali CEO

The case was opened under article for office abuse

Photo ITAR-TASS/Vadim Zhernov

Photo ITAR-TASS/Vadim Zhernov

MOSCOW, October 14 (Itar-Tass) - The Russian Investigation Committee has initiated criminal proceedings against Vladislav Baumgertner, the general director of the Uralkaliy open joint-stock company and a member of the supervisory council of the Belarusian Potash Company, on charges of power abuse.

Vladimir Markin, a representative of the Russian Investigation Committee, told Itar-Tass on Monday that upon receiving materials from the competent bodies of Belarus, the Russian Investigation Committee decided to initiate criminal proceedings against Vladislav Baumgertner, Konstantin Solodovnikov, the former first vice-chairman of the Belarusian Potash Company, and other persons on charges of power abuse by people performing managerial functions in commercial and other organizations.

“The aforesaid executives, who performed managerial functions in commercial organizations, abused their powers by using them against the lawful interests of these organizations or in pursuit of making a profit or for the benefit of other persons. Their actions caused considerable damage and had grave consequences for the Belarusian Potash Company,” Markin said.

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