Contents tagged with Suleyman Kerimov
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Swiss authorities freeze $1.5 Billion in assets linked to Putin’s oligarch Suleyman Kerimov
The Swiss State Secretariat for Economic Affairs (SECO) has frozen assets worth 1.3 billion Swiss francs (approximately $1.5 billion) associated with Russian billionaire and senator Suleyman Kerimov, reports Le Temps.
The preliminary asset freeze was imposed under allegations of money laundering and circumventing sanctions. The investigation kicked off last November following the U.S. sanctions against Kerimov's family members, including his wife, two daughters, son, and 28 of their companies. …
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EU to restrict cash movement for Russian oligarchs and officials
The EU authorities have decided to control more strictly the movement of large sums of cash in light of an incident in which Russian senator and billionaire Suleyman Kerimov is believed to have brought nearly €900 million in cash into France in order to launder it through purchasing property on the French Riviera.
On Tuesday, the Council of the EU confirmed a new customs control regulation to combat the movement of shady capital and money laundering. Persons bringing amounts greater than €10,00 …
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France drops charges against Russian oligarch Kerimov
Russian billionaire and senator from Dagestan Suleyman Kerimov has been pardoned by the French justice system, and can leave his villa on the French Riviera, where he has been under house arrest since the end of last year.
Kerimov, who was suspected of money laundering through a series of deals to purchase property in France, has had all the charges against him dropped, his attorney Nikita Sychev told Interfax. Kerimov’s passport will soon be returned to him, and he will be allowed to return …
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French court allowed billionaire Kerimov accused of tax fraud to go to Russia
The French court released the Russian senator and billionaire Suleyman Kerimov for a short-term trip to Russia, as reported to the French media by the public prosecutor of Nice, Jean-Michel Pretre.
"Mr. Kerimov received permission from the judge to go to Russia to visit a seriously ill relative (sibling or stepbrother) with the obligation to return. He is allowed to carry out this trip between Friday and Sunday (January 21),” said the prosecutor.
Kerimov has been accused by the French …
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France arrests Swiss businessman in the case of Russian billionaire Kerimov
Swiss businessman Alexander Studhalter has been arrested in France in connection to the case of Russian senator Suleyman Kerimov, who was accused of tax evasion and money laundering, reported the newspaper Nice Matin.
Studhalter was arrested on January 12; investigators say that the Swiss businessman was a stand-in for Kerimov when the latter was purchasing property in southern France.The Swiss businessman’s attorneys are appealing against the court arrest.
Kerimov was detained at Nice …
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Russian Prosecutor General calls arrest of people with Kerimov’s status level unacceptable
There is a need for international mechanisms which will prevent foreign states from arresting Russian citizens “with special status”, Russian Prosecutor General Yury Chaika believes, as reported by RIA Novosti.
He made a statement to this effect after visiting the Interpol headquarters in Lyon in connection with the charges brought against the Russian senator Suleyman Kerimov by the French Ministry of Justice.“A practice which is not quite correct is emerging, when people with special status …
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French Prosecutor: Russian billionaire Kerimov smuggled suitcases full of cash to buy villas in France
Prosecutor of Nice Jean-Michel Pretre made several statements on Monday, December 4 about a criminal case brought against Russian statesman Suleyman Kerimov who was accused of avoiding tax payments from a purchase of villas at the French Riviera coastside, the Nice-Matin newspaper reports.
The prosecutor, seeking to place the Russian senator under arrest, claimed Kerimov had smuggled “suitcases of cash,” each worth up to EUR 20 million, into the country through the Alpes-Maritimes department …
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Russian billionaire Suleyman Kerimov accused of €400 million tax fraud in France
French media has published details of the case of Russian billionaire Suleyman Kerimov, who represents Dagestan in the Federation Council of Russia and whom the French authorities have accused of tax evasion and money laundering. The channel France 3 reports that the Russian senator has been accused of hiding about €400 million from taxation through the sale of real estate at a lower cost. The channel, citing the prosecutor of the city of Nice, added that the realtor involved in Mr. Kerimov’s …
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Russian billionaire detained in France over tax evasion
Russian businessman Suleyman Kerimov, a member of Russia’s Federation Council was detained in Nice, France, TASS reported with reference to the press service of the Russian Embassy in France.
"Suleyman Kerimov was detained late in the evening of November 20 at Nice airport. He was transferred to the police station," the diplomatic mission announced.
The French have not officially reported any charges or allegations against Kerimov. The Russian Senator is currently in police custody in Nice. …