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Belarus arrests head of Russian potash giant

Belarus yesterday arrested the chief executive of Russian potash giant Uralkali for alleged abuse of authority, detaining him at Minsk airport hours after he had held talks with the Belarussian prime minister.

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Uralkali CEO Vladislav Baumgertner. Photo: Reuters

Belarus yesterday arrested the chief executive of Russian potash giant Uralkali for alleged abuse of authority, detaining him at Minsk airport hours after he had held talks with the Belarussian prime minister.

The extraordinary arrest of Vladislav Baumgertner in the capital Minsk came three weeks after Uralkali severed links with its Belarussian partner Belaruskali, triggering a crash in the prices of global manufacturers of the fertiliser.

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"He has been accused of abusing authority or power. He has been placed under custody," Belarussian Investigative Committee spokesman Pavel Taraulko said, without giving further details.

Under this charge, Baumgertner could face three to 10 years in jail.

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The Belarussian Investigative Committee said it was also investigating Suleiman Kerimov, the billionaire owner of Russian premier league team Anzhi Makhachkala and a major Uralkali shareholder, for unlawful activities.

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