Moscow (AFP) – The detention of billionaire Vladimir Yevtushenkov on money-laundering charges sent shock waves through Russia’s business and political circles on Wednesday and prompted comparisons with past crackdowns on powerful oligarchs.The Investigative Committee, which reports directly to President Vladimir Putin, announced late Tuesday that Yevtushenkov had been placed under house arrest and was being investigated for misappropriation or embezzlement linked to an oil deal.The move is reminiscent of the prosecution of Mikhail Khodorkovsky, then head of oil company Yukos, who spent a decade in jail up to 2013 on what he says were politically motivated charges.The probe into 65-year-old …read more
Source: Business Insider
