France reopens probe against Russian billionaire: Prosecutor
20 Mar 2019
Dagestani born tycoon Suleiman Kerimov watches a soccer match in Moscow, Russia. File photo/ Reuters
NICE: French authorities have again indicted Russian billionaire Suleyman Kerimov for tax fraud after he allegedly used middlemen to buy luxury villas in southern France, the Nice prosecutor said on Wednesday.
“Mr. Kerimov was interviewed yesterday and charged with complicity to engage in aggravated tax fraud,” Jean-Michel Pretre said, adding that the billionaire had been released on a 20-million euro ($22.6 million) bail.
Judicial authorities last June had dropped the charges after his defence team said they had convinced the court the allegations against Kerimov did not qualify as money-laundering.