Russian billionaire arrested for 'embezzlement'


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The judge, Maria Sizintseva, said they acted as part of an organised crime group and had tried to put pressure on witnesses. She rejected an offer from Magomedov to put up a $US35 million ($45.5 million) bail bond, and ordered he be detained.


Citing the arguments against granting bail, the judge said Magomedov had access to his own aircraft and assets abroad. The day before he was detained, he had booked a flight from Moscow to Miami, the judge said.


Summa said it planned to appeal the court decision and was ready to co-operate with the investigation.


Invited to speak from a cage in the courtroom, Magomedov, dressed in a dark-blue jogging suit, said: “I categorically disagree with the charges presented … The prosecution case does not stand up to scrutiny.”


Article source: https://www.smh.com.au/world/north-america/family-famed-for-protest-photo-dies-when-suv-goes-off-cliff-20180329-p4z6y7.html?utm_medium=rss&utm_source=rss_world

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