Weather
18 ° C
18°C
10°C
Sunny Intervals
Breaking News

3 new cases of Covid-19 on 19 Oct. in Monaco brings total to 268: 11 hospitalised - 4 residents, 4 in ICU - 2 residents, 38 home monitored, 222 healed, 1 resident death

Fugitive banker still sought by Russia

Fugitive banker still sought by Russia

By Staff Writer - February 14, 2017

bankingRussia’s General Prosecutor’s Office has sent a request to the authorities in the UK for the extradition of Georgy Bedzhamov, who faces charges of embezzlement in Russia. Last year Bedzhamov was held in Monaco at the behest of the Russian authorities and later released.

Bedzhamov was a co-owner of Vneshprombank, which at the time of its licence being revoked on January 21, 2016, was Russia’s 40th biggest lender in terms of assets. Interpol has said that it has not put the banker on its wanted list because the prosecution in Russia does not correspond with its goals and objectives.

Bedzhamov’s sister Larisa Markus, the president of Vneshprombank, was arrested on December 22, 2016, on fraud charges. Bedzhamov has also served as the Vice- President of the International Bobsleigh and Skeleton Federation (IBSF), being elected to the post in May 2014.

Bedzhamov was detained by the police in Monaco in mid-April 2016. On July 12, 2016, the Court of Appeal of Monaco refused to extradite him. Bedzhamov is believed to have travelled to the UK and is now in London.

READ ALSO

Russian in a hurry pays smaller fine

READ ALSO

Deutsche Bank seeks contempt of court against alleged Monaco resident

shares
SHARE
Previous articleCosta helps celebrate Carabiniers’ anniversary
Next articleFraser facilitates personal submarine sale

daily

October 16, 2020 | Business & Finance

Monaco-owned port in Italy opens for business

Stephanie Horsman

The highly-anticipated Cala del Forte port in Ventimiglia, intended to handle overflow from the Principality, is now officially open, marking a new era for the Italian seaside town and Monaco.

0
Stephanie Horsman

The government has offered a “practical guide” for economic recovery in the Principality, vowing to protect employees as well as assist companies in trouble.

0
October 14, 2020 | Business & Finance

Monaco start-up spearheads water conservation efforts

Stephanie Horsman

FGWRS, a MonacoTech-supported start-up, is behind a new technology used by French Open players to convert “grey water” into usable non-potable water for showers and toilets.

0
Cassandra Tanti

A new report has revealed that HNWIs, families, family offices, and foundations plan to almost double their allocation to impact investing by the year 2025.

0