Russia nationalizes Four Seasons hotel – lawyer ...News

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Russia nationalizes Four Seasons hotel – lawyer
The landmark building in central Moscow has been seized from convicted businessman Aleksey Khotin, his lawyer has told RBK A Russian court has ordered the nationalization of a building that houses the five-star Four Seasons Hotel in Moscow, RBK has reported. The property is one of several assets seized from convicted businessman Aleksey Khotin and transferred to the state, his lawyer told the business daily. Khotin, a former co-owner of Yugra Bank, was sentenced in March to nine years in prison for the embezzlement of 23.6 billion rubles ($240 million). Khotin’s lawyer, Pavel Khlyustov, told RBK on Wednesday that

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