Russia arrests billionaire industrialist ...News

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Russia arrests billionaire industrialist
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Three of Yury Antipov’s factories have been seized over a privatization controversy Police in Russia’s Chelyabinsk Region arrested Yury Antipov on Monday, after a regional court seized three of his companies due to alleged irregularities with their privatization in the 1990s. Antipov was included on the latest Forbes list of Russian billionaires. Antipov’s arrest was first reported by the local outlet 74.ru, citing a source in one of his companies, the Chelyabinsk electro-metallurgy combine (ChEMK). It was unclear what charges he was facing, however. Earlier in the day, a court in Sverdlovsk Region ordered the tra

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