Cypriot Court Orders Freeze of $820 Million In Assets Held By Ukrainian Billionaire

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Cypriot Court Orders Freeze of $820 Million In...
 © Parikiaki 2018

A court in Cyprus has issued an order to freeze $820 million in assets held by Rinat Akhmetov, Ukraine’s richest man, as part of a legal battle with a rival over the ownership of fixed-line telecoms group Ukrtelecom, The Financial Times reported.

The court’s decision against Akhmetov and nine others was handed down on December 27, the London-based newspaper reported on January 5, adding the Ukrainian oligarch can appeal the decision until January 8.

Quoting a court document provided by Raga...


Cypriot Court Orders Freeze of $820 Million In Assets Held By Ukrainian Billionaire


The contents of this article including any associated images are © Parikiaki 2018

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