MOSCOW, May 27 (RAPSI) – The Moscow City Court on Friday upheld a lower court’s ruling to arrest Ukrainian businessman Konstantin Grigorishin, who stands charged with tax evasion amounting to 674 million rubles ($10.2 million), in absentia, RAPSI reported from the courtroom.

Russian investigators claim that from 2009 to 2010, Grigorishin failed to pay taxes worth 674 million rubles on "PIK Sozidanie", the company he owns.

The businessman has been put on the international wanted list.

In 2015, Forbes ranked Grigorishin as “leading river ship owner in Ukraine” with a $1.1 billion fortune.  According to the magazine, despite the fact that the billionaire was born in Zaporozhye and most of his assets are in Ukraine, he is a Cyprus national and does not have a Ukrainian passport.