French court demands 40-mn-euro bail for Russian billionaire Kerimov
Russian businessman and senator Suleyman Kerimov
France - Arab Today
A court in southern France ordered billionaire Russian businessman and senator Suleyman Kerimov to post bail of 40 million euros ($47 million) on Wednesday pending a tax fraud investigation.
Kerimov was arrested in late November in the city of Nice over suspected tax evasion related to the purchase of luxury properties on the French Riviera, provoking an angry reaction from the Russian government.
Source:AFP
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