Russia - 03

Russia: Sechin on the Witness Stand: Ulyukayev Trial Revelations

The trial of former Minister of Economy Aleksei Ulyukayev that started in Moscow last week has revealed several illuminating details regarding Igor Sechin’s role in the case, with notable implications for the political resources at his disposal.
Ulyukayev was arrested last November when he was leaving Rosneft’s headquarters: prosecutors allege that he had $2mn in two suitcases in the back of his car that he just received as part of an FSB-supervised sting operation. According to prosecutors, Ulyukayev was extorting the money from Rosneft executives for the support he provided during Rosneft’s takeover of Bashneft a month before.


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