Sistema shares plunge 10% on Moscow Exchange

MOSCOW, September 29. /ITAR-TASS/. Shares of Russian holding company Sistema owned by billionaire Vladimir Yevtushenkov plunged by 10 percent on the Moscow Stock Exchange on Monday to 15.3 rubles ($0.39) per share. Yevtushenkov ranked by Forbes among Russia’s 20 richest people with an estimated fortune of $9 billion was placed under house arrest in mid-September on suspicion of involvement in a case of illegal privatization of oil companies in the Urals Republic of Bashkortostan. Learn more on itar-tass.com