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Russian Gas Company Chief Arrested in US Over Fraud

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An executive of Russian gas company Novatek, Mark Getvaj, has been arrested in the United States for fraud.

 

The American, who also has a Russian passport, has hidden an amount of 93 million dollars in foreign accounts. If convicted, Getvaj risks a year in prison.

Between 2005 and 2016, Getvaj was involved in tax fraud that caused the US treasury to miss out on a huge amount. Money was deposited in two different Swiss bank accounts.

The American was for many years a member of the board of directors of Novatek, one of the largest gas companies in Russia. In 2010, he was appointed deputy head of that council.

Getvaj will appear in court on Thursday. Novatek declined to comment on his detention.

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