Russian President Vladimir Putin said at his annual press conference that the Bashneft case was not a reconsideration of privatization in Russia. The investigation is about the transfer of property from possession of the Russian Federation to regional possession.Yevtushenko is suspected of buying assets of the company for $2 billion, knowing that their real price was $5-7 billion, thus helping property owners to launder money. Putin noted that investigators had not proven the accusations and charges had been lifted. He emphasized that the transfer of Bashneft from the Sistema structure to state property was not a revision of privatization.
Russian President Vladimir Putin said at his annual press conference that the Bashneft case was not a reconsideration of privatization in Russia. The investigation is about the transfer of property from possession of the Russian Federation to regional possession.
Yevtushenko is suspected of buying assets of the company for $2 billion, knowing that their real price was $5-7 billion, thus helping property owners to launder money. Putin noted that investigators had not proven the accusations and charges had been lifted. He emphasized that the transfer of Bashneft from the Sistema structure to state property was not a revision of privatization.
![November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes](https://en.vestikavkaza.ru/upload2/s400xfull/2025-12-02/1764706769692f49d1538777.83780174.webp "November 2025 in photos: New Year at GUM, the "City of Living Stories," and autumn scenes")
