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TNK-BP manager arrested in Russia

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Published: Oct. 19, 2012 at 9:25 AM

MOSCOW, Oct. 19 (UPI) -- TNK-BP, a Russian joint venture with British energy company BP, confirmed Friday an employee was arrested in connection with bribery.

TNK-BP said Friday that Igor Korneev was arrested by law enforcement authorities in Russia. The company said Korneev was employed for about three months and was "getting acquainted with the industry."

He came to the company after serving in a deputy role in the economics ministry of the Irkutsk region of Siberia. TNK-BP said he wasn't directly related in corporate activities but was "supposed to take up the analysis and expert evaluation in the area of subsoil use regulatory support as soon as all the necessary procedures are completed and knowledge obtained."

Korneev was arrested Oct. 4 for allegedly taking around $97,000 in payments from two businessmen, reports Bloomberg News.

The arrest comes amid a corporate shake-up in one of Russia's largest oil companies. BP shareholders are said to be considering a $25 billion offer by Russian oil company Rosneft for its share in the TNK-BP joint venture.

TNK-BP said Korneev hadn't formally started at position at the time of the arrest. "Korneev's detention is not related to his work in TNK-BP," the company stated.

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