The Ulyukaev case – tension inside the Russian eliteOSW Commentary NUMBER 255 | 01.12.2017
Journal: Archive of European Integration (AEI) (University of Pittsburgh)
Year: 2017

Alexey Ulyukaev, the Minister for Economic Development, was detained on 14 November 2016. Subsequently the Investigative Committee of the Russian Federation launched an investigation against him on the charge of accepting a bribe (US$2 million). The bribe was reportedly offered in appreciation of the ministry’s positive opinion that enabled the state-owned oil company Rosneft to take over a 50.08% stake in Bashneft (the transaction was finalised on 12 October 2016). Much seems to indicate that t