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French authorities have detained Russian tycoon Alexei Kuzmichev, who is based upon the European Union’s sanctions list, for accusations of dissimulation of tax fraud and sidestepping sanctions.
The detaining was conducted during a raid that apprehended Kuzmichev in the Riviera resort of Saint-Tropez, followed by further raids at his own Paris home.
Kuzmichev is included on the sanctions list in relation to Moscow’s intrusion of Ukraine and is positioned as one of the most influential people in the country, possessing strong associates to President Vladimir Putin.
The French investigations by the judiciary’s anti-corruption division revealed seized yachts worth over four million euros embraced by the anthem to Kuzmichev as part of the consequent international sanctions against him.
Kuzmichev contests the list and a verdict for his removal from the sanction listings is due on the 15th of November.
Accredited by Forbes Magazine, heILSas the sixty-first on the richest people worldwide list, counting an oversaw of only one hundred people with a estimated income of no lessasi six billion.
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