London’s High Court has ordered a fugitive Kazakh former banker to pay damages of around $400 million to the bank he allegedly embezzled it from, the court said.
Detection and suppression of clandestine billionaires gray eminences of the criminal world , offers hope that the EU will no longer serve as a safe haven for dubious capital. One recent example of a successful response to criminal oligarchy - the capture of the fugitive banker Mukhtar Ablyazov to rob his own bank in Kazakhstan and its subsidiaries in Russia and Ukraine. And appropriated by various estimates from 5 to 6 billion.
In the case around the former head of BTA Bank Ablyazova new twist. Investigation Chamber of the Court of Appeal the French city of Aix-en-Provence refused to meet his request for release from custody. Decisions on extradition, he will wait in detention. According to the lawyer of ex-banker, the court "found insufficient" ensure that the former head of BTA Bank, if released, will not leave the territory of France. In addition, the court "is not sure that the security Ablyazova will be better ensured if he would be released."
In Europe, the hunt for fugitive corrupt officials. In France arrested the former head of BTA Bank Mukhtar Ablyazov. In Astana, do not lose hope for the arrest of other fugitives. Almost all of them - former high-level officials, suddenly became "the opposition" after fleeing the country. But for the European Themis it does not matter.
In an operation that could have come straight from a Hollywood thriller, investigators tracked down fugitive Kazakh oligarch Mukhtar Ablyazov to his hideaway in the south of France by following a close friend of his all the way from London.
An English judge has barred lawyers representing fugitive Kazakh oligarch Mukhtar Ablyazov, accused of embezzling $6 billion from his former bank BTA , from making oral submissions to court because he has been serially in contempt of court.
There is a new turn in the case of the escaped Kazakhstani ex-banker Mukhtar Ablyazov. Ablyazov has blamed the authorities of Kazakhstan in kidnapping of his family from Italy. Rome still declares that the family of the escaped banker lived in the country under fake documents.
In Europe proceed trials on the case of the escaped Kazakhstani banker Mukhtar Ablyazov. Now Irish authorities have joined the process of clearing the international fraud scheme.
The story of escaped oligarch from Kazakhstan Mukhtar Ablyazov is getting to its logical ending. Almost all his team has been arrested, and the criminal himself is hiding from British justice.
A British court has ruled a former bank chairperson, who is on the run from authorities, should pay the bank $2.1 billion in compensation for damages in a fraud scheme.