Alexey Ulyukaev

Alexey Ulyukaev
Алексе́й Улюкаев
Alexey Ulyukaev.jpeg
Minister of Economic Development
In office
24 June 2013 – 15 November 2016
Prime Minister Dmitry Medvedev
Preceded by Andrey Belousov
Succeeded by Maxim Oreshkin
Personal details
Born Alexey Valentinovich Ulyukaev
(1956-03-23) 23 March 1956 (age 62)
Soviet Union, now Russia
Alma mater Moscow State University

Alexey Valentinovich Ulyukaev (Russian: Алексе́й Валенти́нович Улюкаев; born 23 March 1956, Moscow) is a Russian politician, scientist, and economist. Between 24 June 2013 and 15 November 2016, he held the office of Minister of Economic Development of the Russian Federation[1] in Dmitry Medvedev's Cabinet. From 2004 to 2013, he held the post of Deputy Chairman of the Central Bank of Russia. He holds a Doctorate of Economic Sciences.

Arrest and investigation[]

The Investigative Committee of Russia announced that Ulyukaev had been detained in November 2016 due to allegations that he received a $2 million bribe for an assessment that led to the Kremlin-controlled oil company Rosneft's acquisition of a 50% stake in Bashneft.[2] This followed an apparent sting operation after months of surveillance.[3] On the same day, Vladimir Putin dismissed him from the ministerial position.[4] His trial commenced in August 2017.[5] On 15 December 2017, Ulyukaev was found guilty and sentenced to eight years in a strict-regime labour colony and fined 130 million roubles.[6]


  1. ^ "Alexey Ulyukayev appointed Minister of Economic Development". Official site of the President of Russia. 2013-06-24. Retrieved 2013-06-24. 
  2. ^ Reiter, Svetlana; Soldatkin, Vladimir (15 November 2016). "Russia's Putin fires economy minister over bribery charges". Reuters. 
  3. ^ "Russian Economy Minister Ulyukayev charged with $2m bribe". BBC News. 15 November 2016. 
  4. ^ "Улюкаев уволен с должности министра экономического развития РФ в связи с утратой доверия". (in Russian). Business Online. 15 November 2016. 
  5. ^ "The Stunning Story of Russian Minister Ulyukayev's Arrest for Bribery, Explained". Moscow Times. 8 August 2017. 
  6. ^ "Ex-minister's harsh jail sentence sends shockwaves through Russian elite". The Guardian. 15 December 2017. Retrieved 15 December 2017. 

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