RE:Uralakli's stock continues to tumble as Russia now gets involvedThose Crazy Belarussians...........confiscating Uralkali assets? How?
=========================================================
The businessman is currently being interrogated, and has Belarusian legal representation.
"As the investigation continues, this time period may be extended and other punishment applied,” said Pavel Traulko, a spokesman for Belarus’s Investigative Committee.
Russia's Deputy Foreign Minister Grigory Karasin warned Belarus that the arrest of the chief executive of Uralkali could strain diplomatic relations between the two neighbors.
The Russian Embassy in Belarus has requested a meeting with Baumgertner, but so far there has been no response, according to Russian embassy advisor Vladimir Marchukov.
A meeting could take place later Tuesday, as the Uralkali CEO’s lawyer and mother are due to fly to Minsk.
If found guilty, Uralkali assets and property could be confiscated by the Belarusian government.
Belarus law enforcement officials have issued warrants for four other top Uralkali executives: Oleg Petrov, director of sales and marketing; Konstantin Solodovnikov, first deputy general director; Igor Evstratova, deputy general director for finance; and Dmitry Samoilov, head of the freight division.
The officials are believed to be in Moscow and Interpol has been informed of the warrants.
"The grounds for prosecution were that they have committed an abuse of power for private gain, that caused substantial harm to state and public interests of the Republic of Belarus, as well as the large scale damage to Belaruskali and BPC, news agencies quote the Investigation Committee.
Vladislav Baumgertner handcuffed and led into a holding cell, as shown by Belorusian state TV chanel 'Novosti'. Taken from a video by ONT TV channel.