Russian court seizes $16 million from disgraced 1990s oligarchs ...News

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Russian court seizes $16 million from disgraced 1990s oligarchs
The funds belonged to former Yukos executives Mikhail Khodorkovsky and Platon Lebedev Moscow’s Meshchansky District Court has ordered the seizure of 1.4 billion rubles ($16 million) from exiled former tycoon Mikhail Khodorkovsky and his one-time business partner Platon Lebedev, Russian media reported on Monday. The suit against Khodorkovsky, Lebedev, and the defunct Siberian Leasing Company was initiated last month by the Russian Prosecutor General’s Office. The defendants were accused of failing to pay back restitution to the government for the embezzlement of funds tied to former oil giant Yukos, which they owne

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