MOSCOW (AP) — A billionaire Russian tycoon was placed under house arrest Tuesday in a money-laundering case that has drawn comparisons with a government crackdown on Russia’s Yukos oil company more than a decade ago.

The Investigative Committee, Russia’s top investigative agency, said that Vladimir Yevtushenkov, the head of Sistema holding company, was suspected of involvement in a money-laundering scheme involving oil assets in the province of Bashkiria. Sistema owns the Bashneft oil company, which is based in Bashkiria.