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    Detained CEO Elected to Uralkali Board

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    The head of Russia’s largest potash producer Uralkali, who was charged last week with abuse of office, was elected to the board of directors on Friday, the company said.

    MOSCOW, November 29 (RIA Novosti) – The head of Russia’s largest potash producer Uralkali, who was charged last week with abuse of office, was elected to the board of directors on Friday, the company said.

    Vladislav Baumgertner was detained in Minsk in August after Uralkali pulled out of a cartel agreement with Belarusian state-owned fertilizer giant Belaruskali, sparking steep falls in potash prices.

    He was arrested in absentia by a Moscow court in October and extradited to Russia after spending several weeks under house arrest in Belarus.

    Russian investigators formally charged him with abuse of office last Friday. He was placed in a pre-trial detention center in Moscow.

    Uralkali has repeatedly denied any impropriety.

    Tags:
    Moscow court, Uralkali, Belaruskali, Vladislav Baumgertner, Belarus
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