Transneft Suspends Talks over Purchase of Stake in NCSP
The negotiations were suspended due to the "latest events", Dyomin said in a statement without elaborating. On Saturday, the Russian authorities arrested the co-owner of Summa, Ziyavudin Magomedov, on charges of embezzling more than $35 million.
Magomedov denied the charges at a pre-trial hearing, where a judge ordered that he be held in custody until May 30.