Chairman of the Belarusian Potash Company (BPC)'s Supervisory Council Vladislav Baumgertner has been taken into custody in Belarus, the Belarusian Investigative Committee's public relations department told Interfax on Monday.
Four other of the BPC's executives have been placed on national and Interpol most wanted lists, it said.
"Belarus' Investigative Committee is investigating criminal cases, undertaken by the Prosecutor General's Office on counts of 'abuse of power and authority' against several of the Belarusian Potash Company's executives, among them Vladislav Baumgertner, chairman of the company's Supervisory Board; Oleg Petrov, a member of the Supervisory Board; Konstantin Solodovnikov, first deputy general director; Igor Yevstratov, deputy general director for finance, and Dmitry Samoilov, chief of the freight department," the Investigative Committee said in a statement circulated in Minsk.
"The criminal inquiry was started after evidence was obtained pointing to the aformentioned persons' apparent abuse of authority which severely harmed the country's national and public interests, and inflicted large-scale damage on the companies Belaruskali and BPC," it said.
"Taking this and other evidence into account, the Investigative Committee passed resolutions, which declare that these accused are charged on the enumerated counts. Baumgertner has been detained and taken into custody," the Investigative Committee said.
Petrov, Solodovnikov, Yevstratov and Samoilov have been placed on national and Interpol most wanted lists.
"As the investigation continues more evidence is being sought and documented, pointing to these and other of the BPC executives' illegal transactions," it said.
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