Financial Times FT.com

Russia holds suspect linked to gas trade with Ukraine

By Catherine Belton in Moscow and Roman Olearchyk in Kiev

Published: January 26 2008 02:00 | Last updated: January 26 2008 02:00

Russia has arrested Semyon Mogilevich, a suspected organised crime boss, for large-scale tax evasion, moving against a man wanted by the FBI for racketeering, money-laundering and wire fraud.

Mr Mogilevich, a 61-year-old Russian citizen, is also believed by Ukrainian politicians to play a significant role in the multi-billion-dollar gas trade between Moscow and Kiev.

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