Court Orders Berezovsky to Pay $34 Mln Damages

A Moscow court has ordered fugitive Russian tycoon Boris Berezovsky and his business partner Yuly Dubov to pay almost 1 billion rubles ($34 million) in a lawsuit filed by the Samara Region government, RAPSI news agency reported on Wednesday.

“The court satisfied the plaintiff in full. This is the sum of property damage and interest for the use of someone else’s money,” Sergei Popov, the plaintiff’s representative, told RAPSI.

“We’ll wait for the enforcement of the court’s judgment and will apply at the defendants place of residence and the location of their property for recovery of the sum,” he said.

Berezovsky, who now lives in the UK, used his LogoVAZ car dealership in 1994 to defraud the state-controlled AvtoVAZ car plant in Samara Region of several thousand cars, valued at 58 million rubles in prices effective at that time.

Berezovsky has rejected the court’s decision and said it was unlikely to be enforced.

Russia has issued multiple warrants for Berezovsky’s arrest and has repeatedly demanded his extradition from Britain, where he was granted political asylum in 2000.

 

Leave a comment