SOCHI, September 19 (RIA Novosti) - President of Russia's AFK Sistema conglomerate, Mikhail Shamolin, confirmed Friday that the company's main shareholder, billionaire Vladimir Yevtushenkov, had been released from house arrest.
"Yes, I don't have the details, but I just know that he has been released. I talked to him over the phone," Shamolin said.
Yevtushenkov was arrested Tuesday over his suspected involvement in money-laundering. Prosecutors are investigating Sistema's acquisition of shares in Russia's Bashkortostan Republic's oil company.
Russia's business community responded to the arrest with sharp criticism, saying the measure was excessive and harmed the business climate in the country.
