Connect with us

Hi, what are you looking for?

Jewish Business News

Money

U.K. Refuses to Extradite Russian Fugitives or Return Embezzled Funds, Official Says

Russian Businessman Boris Berezovsky Loses Lawsuit Against Roman Abramovich

The United Kingdom has refused to return embezzled funds to Russia or to extradite Russians who are being prosecuted, the Russian Legal Information Agency said on December 17, quoting Alexander Bastrykin, chairman of Russia’s Investigative Committee, who made the disclosure in a speech to lawmakers of the country’s upper house of parliament.

He told the Federation Council that he had received explanations to this effect from the Russian ambassador to the UK. Bastrykin said that only a very small amount of the funds embezzled in the 1990s have been returned.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

The most high-profile case is that of late tycoon Boris Berezovsky, who was prosecuted in Russia in connection with a number of large-scale embezzlement and corruption cases. The late businessman took refuge in the U.K.  Berezovsky was found dead by his bodyguard in the bathroom of his house on Mill Lane, Ascot, Berkshire, in March 2013.

Bastrykin said in September of this year that there is little hope that the funds embezzled by Berezovsky will ever be returned to Russia.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.