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Former CEO of Russian potash giant Uralkali Baumgertner released on bail

The court upheld a motion to change a restriction measure for Vladislav Baumgertner for a $390,000 bail

Vladislav Baumgertner ITAR-TASS/Vyacheslav Prokofyev

Vladislav Baumgertner

© ITAR-TASS/Vyacheslav Prokofyev

MOSCOW, September 17. /ITAR-TASS/. Moscow’s Basmanny court ruled on Wednesday to release Vladislav Baumgertner, the former CEO of Russian fertilizer firm Uralkali, on a 15 million ruble ($391,000) bail.

“On September 1, the court upheld a motion to change a restriction measure for Baumgertner for a 15 million ruble bail,” court spokesperson Anna Fadeyeva told ITAR-TASS.

The Uralkali Case

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