Source link Truong My Lan stole the equivalent of 4.69% of Vietnam’s GDP in a decade-long embezzlement scheme Real estate developer Truong My Lan has been sentenced to death by a Vietnamese court for her role in Southeast Asia’s largest ever embezzlement scheme. The verdict was handed down by a court in Ho Chi Minh […]
Source link Personal fortune of the former head of energy giant Lukoil, Vagit Alekperov, reportedly soared in 2023 The collective net worth of Russia’s richest persons has soared by $72 billion over the past year to $577 billion, despite unprecedented sanctions pressure, according to Forbes annual World’s Billionaires List. Vagit Alekperov, former president of Russian […]
Source link Billionaire Niranjan Hiranandani reveals how the focus on infrastructure is moving the country forward in the show Let’s Talk Bharat Indian billionaire, co-founder and managing director of Mumbai-based real estate giant Hiranandani Group, Niranjan Hiranandani, has lauded the focus of Prime Minister Narendra Modi’s government on improving India’s infrastructure to achieve double-digit growth […]
Source link Oleg Deripaska is accused of sourcing raw materials in the country for weapons manufacturing in Russia The Security Service of Ukraine (SBU) has filed charges in absentia against Russian businessman Oleg Deripaska, the agency’s press service announced on its Telegram channel on Thursday. Two other people described by the SBU as Deripaska’s “Ukrainian […]
Source link Dmitry Rybolovlev had sued the auction house Sotheby’s for allegedly helping an art dealer defraud him A New York jury has ruled against Russian billionaire Dmitry Rybolovlev in a high-profile court case the businessman brought against art auction house Sotheby’s, which he accused of aiding and abetting fraud. Rybolovlev claimed that Sotheby’s was […]
Source link Unlike the US and China, the bloc doesn’t have the money to pursue innovation, Oleg Deripaska has said The European Union looks particularly “sad” amid the ongoing global economic slowdown due to a lack of technology and finances to institute structural changes and invest in innovation, Russian businessman Oleg Deripaska wrote on his […]
Source link Dmitry Rybolovlev is accusing renowned art dealer of aiding scheme in which he was overcharged $1 billion for some 38 works of art Russian billionaire Dmitry Rybolovlev has brought a case against Sotheby’s at the Manhattan federal court, claiming that auction house, one of the world’s largest brokers of art, aided a scheme […]
Source link Global oil markets are heading for a crash that will slash 20% off of the crude price this year, Russian businessman Oleg Deripaska predicted on Tuesday. The tycoon’s warning comes after oil prices fell by about 4% on Monday on sharp price cuts announced by top exporter Saudi Arabia for exports in February. […]
Source link Roman Abramovich denies allegations that he is benefiting from the Ukraine conflict Russian billionaire Roman Abramovich has denied reaping benefits from the Ukraine conflict after an EU court refused to remove sanctions on the businessman. The EU’s General Court threw out Abramovich’s legal challenge on Wednesday, saying he was the majority shareholder in […]
Source link Charles McGonigal pleaded guilty in August to conspiring with Russian oligarch Oleg Deripaska to violate US sanctions A US judge sentenced former FBI counterintelligence bureau chief for New York Charles McGonigal to 50 months in prison on Thursday, citing the serious national security consequences of his work with sanctioned Russian businessman Oleg Deripaska. […]
Source link Businessman Oleg Deripaska has appealed against Australia’s decision to the country’s federal court Russian billionaire Oleg Deripaska has filed a lawsuit in an Australian court to challenge his inclusion in the country’s sanctions list, The Canberra Times reported on Monday. The businessman has reportedly asked the Federal Court to review and overturn the […]
Source link Western restrictions imposed on Moscow have boosted the Chinese currency, Oleg Deripaska claims The share of Chinese yuan in global payments has nearly doubled because of the sanctions policies pursued by the US and the EU, Russian businessman Oleg Deripaska said on Wednesday. The aluminum magnate referred to a report in the Financial […]
Source link Moscow should take seriously the US threat to halve Russia’s energy revenues, billionaire Oleg Deripaska said on Saturday, citing last year’s sabotage of the Nord Stream pipelines and a recent train derailment in Siberia. The Russian aluminum magnate urged the government to focus on transport networks and port infrastructure in the country’s Far […]
Source link Сold winters will make the ‘Eastern compromise’ acceptable for Brussels very soon, according to Oleg Deripaska EU nations will have to return to Russian natural gas supplies within a year and a half, Russian businessman Oleg Deripaska predicted on his Telegram channel on Monday. According to the billionaire, the lack of gas deliveries […]
Source link Berlin’s current economic policies are unlikely ‘to lead to anything good,’ Russian businessman Oleg Deripaska says Germany’s latest fiscal policy decisions, coupled with persistently high energy costs, are likely to worsen the economic crisis in the country, Russian businessman Oleg Deripaska wrote on Telegram on Friday. According to the billionaire, Berlin’s efforts to […]