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France reopens probe against Russian billionaire: prosecutor

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AFP Nice (France)
Last Updated : Mar 20 2019 | 3:56 PM IST

French authorities have again indicted Russian billionaire Suleyman Kerimov for tax fraud after he allegedly used middlemen to buy luxury villas in southern France, the Nice prosecutor said Wednesday.

"Mr. Kerimov was interviewed yesterday and charged with complicity to engage in aggravated tax fraud," Jean-Michel Pretre said, adding that the billionaire had been released on a 20-million euro (USD 22.6 million) bail.

Judicial authorities last June had dropped the charges after his defence team said they had convinced the court the allegations against Kerimov did not qualify as money-laundering.

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First Published: Mar 20 2019 | 3:56 PM IST

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