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World

Russian minister arrested, fired over bribe

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World

Russian minister arrested, fired over bribe

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COMING UP:Russian minister arrested, fired over bribe

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00:00:00
>> He arrived in court as a high ranking minister in Putin's government. He left unemployed under house arrest and facing the prospect of jail time. Russia's economy minister, Alexei Ulyukayev, detained and charged with corruption. He's accused of extorting a $2 million bribe from oil giant Rosneft. He pleaded not guilty.
00:00:22
But investigators say he was caught red handed, after a tip off from someone within Rosneft led to a sting operation. The Kremlin has now dismissed Ulyukayev for breaching trust. But for Putin's inner circle, this could be bad news. The arrest has sparked shock and surprise in Moscow. And many say this could expose a largely hidden battle between factions within Russia's government.
00:00:46
If he is found guilty in January, he faces a fine of up to $200 million, or what could be 15 years in prison.