MOSCOW - Shares in sprawling Russian holding company Sistema plummeted over 30 percent on Sept. 17 after its billionaire chairman was placed under house arrest, wiping more than $2 billion in value off the company.
Reuters: Shares in Russia’s Sistema plunge with billionaire chairman under house arrest
Russian tycoon Vladimir Yevtushenkov was charged with money laundering and placed under house arrest on Sept. 16.
