Bashneft: Operations Unaffected After Court Seized Sistema-Owned Shares

Russian oil company Bashneft says its operational activity has not been affected after a Moscow court seized shares owned by its parent-company oil-to-telecoms conglomerate Sistema.

Sistema is controlled by oligarch Vladimir Yevtushenkov, who is under house arrest on suspicion of money laundering during the acquisition of Bashneft.

(Reporting by Denis Pinshuk; Writing by Thomas Grove; Editing by Maria Kiselyova)