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Uralkali Owner Wanted, Faces 10 Years in Prison

Published: September 3, 2013 (Issue # 1775)



  • Billionaire Suleiman Kerimov faces up to 10 years in prison.
    Photo: Maxim Stulov / Vedomosti

Billionaire Suleiman Kerimov, the largest shareholder of Russian potash giant Uralkali, has been placed on an international wanted list and faces up to 10 years in prison in Belarus and property confiscation, the country's Investigative Committee said Monday.

Belarussian investigators brought official charges against Kerimov in the case against the managers of the potash company, Interfax reported, citing the committee's statement. He is accused of orchestrating "power abuse" by the company's executives, the statement read.

The move by the Belarussian authorities caused an immediate reaction from the Kremlin. President Vladimir Putin's spokesman Dmitry Peskov told Kommersant FM radio that Minsk will have to provide specific information on the essence of the charges against Kerimov — a member of the Federation Council and a Putin ally.

Belarus' Investigative Committee claimed that, in addition to the damage to the country's budget allegedly caused by the actions of Kerimov, Uralkali CEO Vladislav Baumgertner and other executives of the company, Russia had also suffered some damage.

Minsk might demand that Uralkali's assets, including foreign ones, be frozen, unidentified sources were quoted by Belarussian state-owned news agency Belta as saying, Prime reported.

Meanwhile, the lawyers of Baumgertner are seeking to meet with him on a daily basis, head of the consular department of Russia's Embassy in Belarus Igor Koryagin said Monday.

"Lawyers will go to the pretrial detention facility again today. They'll request daily meetings," he told Prime news agency.

One of the lawyers, Alexei Basistov, claimed that there was no reason for keeping the businessman in detention, especially after several high-ranking Russian officials said they were prepared to bail him out. He said he was referring to Perm Governor Viktor Basargin and State Duma Deputy Igor Barinov, who represents the United Russia party.

He said he hoped the court would take the bail requests into account and release Baumgertner, Prime reported.

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Wednesday, Apr. 23


Problems facing the elderly are in the spotlight at Senior Generation 2014, an international forum at LenExpo beginning today that focuses on drawing attention to and providing information about some of society’s most vulnerable members. An exhibition combined with a trade fair will help those interested be better equipped to help this demographic.



Thursday, Apr. 24


Learn more about Denmark during the Danish Business Delegation’s visit to SPIBA this evening starting at 5:30 p.m. at the Danish Culture Institute. Danish Consul general Klaus Sorensen will be in attendance and the buffet following a presentation on Danish companies in Russia will be the perfect opportunity to network with the assembled businessmen.


AmCham’s Human Resources Committee Meeting is scheduled for 9 a.m. this morning in their St. Petersburg office. Check their website for more details.



Friday, Apr. 25


Light Music presents the main events for their Cultural Kitchen project at Loft-Project Etagi today. A B2B event that focuses on Finnish food, arts, travel, music and design, the evening will conclude with a dinner by chef Jyrki Tsutsunen and dancing to music by Aino Venna. The event, which began yesterday with presentations by tourism and cultural institutions, concludes today with a preview of Finland’s Flow festival and other musical events. Invitations are available from www.culturalkitchen.fi.



Saturday, Apr. 26


At 6 p.m. this evening, stylist Liliana Modigliani offers 50 simple ways to up your style quotient with beauty tips at the Galeria shopping center on Ligovsky Prospekt. The event is part of the final day of the shopping mall’s Fashion Saturday sales event, this week focusing on top brands located on the ground floor as well as presentation from fashion experts on sprucing up your spring look.



Sunday, Apr. 27


Families shouldn’t miss Childhood Planet 2014, the trade fair that started yesterday and concludes today at LenExpo. Not only will goods and services be provided for children and families but the event hopes to promote Russian brands and eco-friendly products using the latest technology available in the childcare industry.



Monday, Apr. 28


The Hotel Indigo will be the site of SPIBA’s Acting Skills for HR and Other Managers master class this morning starting at 9 a.m. The event will begin with coffee before moving on to the class itself and conclude with a tour of the recently opened hotel. Confirm attendance by Apr. 24.



Tuesday, Apr. 29


Improve your English at the British Book Center’s Interactive English Lesson tonight at 6 p.m. Students at pre-intermediate and intermediate levels are welcome discuss topics that are selected to help learners master the more difficult aspects of English grammar and vocabulary.