Russia preparing documents for Baumgertner's extradition from Belarus

The Russian Investigative Committee is preparing an extradition request for Uralkali (MOEX: URKA)'s General Director Vladislav Baumgertner, Investigative Committee spokesman Vladimir Markin told Interfax.

The Russian Investigative Committee is preparing an extradition request for Uralkali's General Director Vladislav Baumgertner, Investigative Committee spokesman Vladimir Markin told Interfax.

"After reading the files received from the Belarusian law enforcement agencies, the Investigative Committee's Main Investigations Department started a criminal case against Chairman of the Belarusian Potash Company's Supervisory Board and Uralkali General Director Vladislav Baumgertner, and ex-first deputy head of the Belarusian Potash Company Konstantin Solodovnikov and others, on counts of abuse of authority, an offence stipulated in Part 2 of Article 201 of the Russian Criminal Code," Markin said.

"The dossier received suggests that the aforementioned persons, while performing managerial functions in commercial organizations, exceeded their powers contrary to the interests of these organizations in order to secure benefits and advantages for other parties, all of which inflicted serious damage with grave consequences on the Belarusian Potash Company and Belaruskali," he said.

"The investigative agencies are to decide soon whether Vladislav Baumgertner will be prosecuted as a suspect and taken into custody," Markin said.

"Then, pursuant to Part 1 of Article 12 of the Criminal Code, the Investigative Committee will prepare documents for Baumgertner's extradition to Russia," he said.

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