(Bloomberg) -- Russian investigators accused OAO Russneft billionaire Mikhail Gutseriev, head of the country's seventh-largest oil producer, of illegal business activity, fueling concern the state will destroy another energy company.
An investigation into Gutseriev's actions has been opened, said Irina Dudukina, spokeswoman for the Interior Ministry's investigative committee, by phone from Moscow today, declining to elaborate. The company's bonds fell.
Read more at Bloomberg Energy News
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