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Belarus state oil company chief arrested on embezzlement charge





AFP
MINSK
Petroleumworld.com 05 31 07

The head of Belarus's state oil company Belneftekhim has been arrested on suspicion of embezzlement as part of a swoop against several top executives, the state prosecutor announced Wednesday.

"Alexandre Borovski is accused of theft and abuse of his position," the official, Piotr Miklashevich, told a media conference.

He and other company bosses were detained by agents of the Belarus intelligence service, who also confiscated large sums of money, he added.

Belneftekhim, a multi-billion-dollar group which owns various petrochemical concerns in Belarus, accounts for half of the country's exports.

AFP 30 1206 GMT 05 07

Copyright© 2007 AFP. All Rights Reserved.

 

 

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