💨 Abstract

Russian billionaire Vadim Moshkovich, founder of agricultural company Rusagro, was charged with embezzlement of 30 billion roubles ($357 million) by prosecutors. Moshkovich, who has a fortune of $2.7 billion, was arrested last week and is facing up to 10 years in prison if convicted. The charges relate to a deal involving the Solnechnie Produkty oil and fats company.

Courtesy: theprint.in

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