TOMSK, July 16 - RAPSI. Former TVEL Executive Director of Logistics Timur Bukeykhanov, charged with commercial bribery at the Siberian Chemical Plant, paid his $153,000 bail and has been released from Tomsk jail, a source in the local penitentiary system told RIA Novosti.

The court upheld the investigation's request to change the measure of restraint for Bukeykhanov on July 10. Bukeykhanov admitted to the crime and the court ruled to release him on a 5 million ruble ($153,000) bail.

TVEL is a fuel subsidiary of the State Atomic Energy Corporation.

Investigators believe that the plant's CEO, Vladimir Korotkevich, his deputies, Yuri Kungurov and Leonid Romanenko, as well as Bukeykhanov, helped the International Center for Technology and Trade CEO to enter into a coal procurement transaction worth 557.2 million rubles ($17 million). In exchange for their assistance, it was agreed that the center would give them monthly kickbacks.

The center's management and Bukeykhanov allegedly received a total of 6.79 million rubles ($207,370) 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 supplies nuclear power plants with uranium as nuclear fuel.