TOMSK, July 11 - RAPSI. The Leninsky District Court in Tomsk released Timur Bukeykhanov on $152,000 bail, the regional investigative department reported on Wednesday. Bukeykhanov, an executive of TVEL, a fuel subsidiary of the State Atomic Energy Corporation, has been accused of commercial bribery at the Siberian Chemical Plant.

Investigators filed for his release as there were no longer any grounds for keeping the suspect in custody.

Investigators believe that the plant's CEO, Vladimir Korotkevich, his deputies, Yuri Kungurov and Leonid Romanenko, as well as Bukeykhanov, assisted the International Center for Technology and Trade CEO in concluding a contract for coal procurement worth 557.2 million rubles ($17 million). They also agreed that the center would pay them kickbacks on a monthly basis.

The center's management and Bukeykhanov allegedly received a total of 6.79 million rubles ($206,000) from the centre's CEO, which investigators say was divided between them. Korotkevich, Kungurov and Bukeykhanov were subsequently arrested.

The Siberian Chemical Plant is one of four Russian plants involved in uranium enrichment. The company provides nuclear power plants with uranium for nuclear fuel, for the production of heat and electricity.