Рейтинг@Mail.ru
RusEng

News

Bailiffs to collect over $68,000 from Navalny in Yves Rocher case

10:38 02/09/2015

MOSCOW, September 2 (RAPSI) – Court bailiffs have been ordered by the court to collect nearly 4.5 million rubles ($68,840) from opposition politician Alexei Navalny, according to information from the court bailiffs’ website of debtors.

The order to collect the money, specifically 4,498,546 rubles, was issued by the Lyublino District Bailiffs Department on July 31 based on a court order of execution dated March 19.

Navalny and his brother Oleg were convicted of committing fraud against cosmetics company Yves Rocher Vostok. Investigators alleged that the Navalny brothers embezzled over 26 million rubles (about $400,000 at current exchange rates) from the cosmetics company, as well as close to 4 million rubles ($61,200) from the Multidisciplinary Processing Company through a fraud scheme. The brothers were further charged with laundering 21 million rubles ($321,400).

In December of 2014, Alexei Navalny received a suspended sentence of 3.5 years, while his brother Oleg was sentenced to 3.5 years in prison.

Alexei Navalny has also been involved in several other cases, including a case of embezzlement at the Kirovles timer company in which he was given a suspended sentence. He has denied all the charges brought against him.

Alexei Navalny is a Russian political and public figure, leader of the Party of Progress. He finished second in the Moscow mayoral elections in 2013 and is the author of one of the most popular political blogs that was banned for promoting unauthorized public protests.

Share thisE-mail this articlesubmit newsAdd to blogrss feed
Add to blog
To link to this material, copy the code to your blog.
Publishing code:
Preview:

Bailiffs to collect over $68,000 from Navalny in Yves Rocher case

10:38 02/09/2015 Court bailiffs have been ordered by the court to collect nearly 4.5 million rubles ($68,840) from opposition politician Alexei Navalny.
Forward news story

All fields are mandatory!

Submit news

All fields are mandatory!

Share this

Top news