Investigators searched the office of VKontakte, Russia's most popular social network, as well as the home of its young founder, Pavel Durov, this week, following allegations he was involved in a traffic incident earlier this month.
Amid the ongoing scandal, a fund belonging to Ilya Shcherbovich, a board member at the state-owned oil giant Rosneft, swooped in to unexpectedly buy 48% of the network on Wednesday.