VimpelCom’s Ex-CEO is on Federal Wanted List Due to Corruption Charges

TASS news agency reported that, ex-chief executive of VimpelCom Ltd.’s Russia unit, Mikhail Slobodin, is on federal wanted list. As he is being accused of corruption charges.

VimpelCom’s Ex-CEO is on Federal Wanted List Due to Corruption Charges

Mr. Slobodin resigned on Monday ensuing the assertion by Russia’s Investigative Committee, the state’s leading exploratory body. It didn’t say whether Mr. Slobodin was alleged of any offense.

Also Read: VimpelCom Appoints Jon Eddy as Head of Emerging Markets including Pakistan

Mr. Slobodin being on the national wanted list indicates that he can be arrested if he is found on Russian Federation ground. He informed Russian business daily Vedomosti on Monday that he was on a business trip in France and that he was scheduling to address all the Investigative Committee’s queries.

The inquiry is associated to an energy company once handled by Mr. Slobodin, the committee stated. The energy company, T Plus, couldn’t be reached for comment on Monday. Whereas its holding company, Renova, said it couldn’t instantly comment on the matter.

When trying to contact Mr. Slobodin he couldn’t be reached on Wednesday. According to the proclamation by the committee, investigators are inspecting accusations of bribes being made to executives of Russia’s Komi Republic amid 2007 and 2014.

Also Read: Axact CEO Shoaib Shaikh Granted Bail After 15 Months in Custody

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