Global Ports appoints new CEO with controversial past
Russian terminal operator Global Ports Investments has announced that Vladislav Baumgertner has succeeded Alexander Nazarchuk as CEO from 17 August.
After being invited for a meeting with Belarusian dictator Alexander Lukashenko, Baumgertner was arrested in Minsk in August 2013, on charges of “abusive exercise of power and abuse of office” in his role as chairman of Belarusian Potash Company (BPC).
BPC was a joint export partnership set up by Russian potash producer Uralkali and Belarusian potash fertilizers company Belaruskali. The partnership collapsed in a dispute over pricing, which has led observers to speculate that Baumgertner’s arrest by Belarusian authorities was politically-motivated.
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