Resources magnate Suleiman Kerimov was arrested in Nice on suspicion of aggravated laundering of tax fraud proceedsA French judge has placed the Russian businessman and senator Suleiman Kerimov, whose interests the Kremlin has pledged to defend, under formal investigation after his arrest in a tax evasion case. The Kremlin said earlier that it would spare no effort to defend the rights of Kerimov, a 51-year-old billionaire who was arrested at Nice airport on Monday night. Facebook Twitter Pinterest Suleiman Kerimov is escorted by French police to the Nice court where he faced a day of questioning over alleged tax evasion. A second person was also put under formal investigation. Originally from the mainly Muslim Russian region of Dagestan, Kerimov built his lucrative natural resources business through a combination of debt, an appetite for risk, and political connections.

Source: The Guardian November 23, 2017 01:30 UTC