Putin Puts $50 Million Reward for Information on Russian Plane Bomb

Russia is offering $50 million for information that would lead to those responsible for planting a bomb on a plane that blew up over Egypt, killing 224 people.

The reward offered by Russia is one of the highest ever placed on wanted terrorists. It is double the amount that was offered by the U.S. government for information about Osama bin Laden.

Metrojet flight 9268 crashed over the Sinai region of Egypt two weeks ago. The passenger jet was brought down by a bomb estimated to contain 1 kilogram (2.2 pounds) of explosives, Russia’s Federal Security Service said Tuesday.

“We will search wherever they may be hiding. We will find them anywhere on the planet and punish them,” Russian President Vladimir Putin said in a statement.

The Russian government is offering the unusually high reward to anyone who can lead the investigators to those responsible for bringing the plane down.

Russia has previously offered a bounty of $10 million for two Chechen rebel leaders. The highest reward offered by the FBI was $25 million for al Qaeda leader Ayman Al-Zawahiri.

via CNN

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza