Sechin's role in Magomedov arrest under scrutiny
The arrest of another oligarch with links to the energy industry has raised questions over the motive
The hand of Russia's oil czar Igor Sechin may have been instrumental in the arrest of billionaire Ziyavudin Magomedov on embezzlement charges. Magomedov, the owner of the Summa Group conglomerate, was detained on March 31 on charges of embezzlement related to the construction of a football stadium in Kaliningrad to be used in the World Cup this summer. Analysts believe his arrest pertains to a long-running row over control of Novorossiysk Commercial Sea Port (NCSP). Summa and state-owned oil pipeline monopoly Transneft hold 50.1% in NCPS through a joint venture, while Transneft owns an additional 10.5% directly. NCSP controls the Black Sea port of Novorossiysk, as well as the Baltic port of
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