Russia Sentences Fugitive Kazakh Banker Ablyazov In Absentia To 15 Years.

A Russian court has sentenced Mukhtar Ablyazov, the fugitive former head of Kazakhstan’s BTA Bank and an opposition politician, to 15 years in prison in absentia on embezzlement charges he has denied.

The Moscow Tagansky District Court handed down the sentence on December 29 after finding him guilty in a criminal case regarding the alleged embezzlement of 58 billion rubles ($790 million) between 2006 and 2009.

Four other defendants, all former BTA Bank employees, were tried in absentia in the same case and received prison terms ranging between 10 years and 13 years.

According to investigators, Ablyazov developed complex schemes aimed at financing investment projects in Russia that allowed him to embezzle funds from BTA Bank in large amounts.

Ablyazov, who has been living in Europe since 2009, is also sought by Kazakhstan and Ukraine, where he is facing similar charges. He has rejected all of the allegations against him calling them politically motivated.

A Kazakh court in 2017 convicted Ablyazov, a vocal critic of the authorities and head of the banned opposition Democratic Choice of Kazakhstan (DVK), of embezzlement and sentenced him to 20 years in prison after an in-absentia trial he called "a farce."

The next year, he was handed a life sentence on a murder charge.

France granted political asylum to the exiled opposition leader in September 2020.

Radio Free Europe

RFE/RL journalists report the news in 22 countries where a free press is banned by the government or not fully established, including Iran, Afghanistan, Pakistan, and Russia.

https://www.rferl.org/

Related news
Economist says Biden's COVID-19 relief bill is  «right on the mark».

Economist says Biden's COVID-19 relief bill is «right on the mark».

President-elect Joe Biden unveiled his "American Rescue" plan to stimulate the U.S. economy, which has been crippled by the COVID-19 pandemic. Gene Sperling, a former director for the National Economic Council joined CBSN to discuss Biden's corona...

Lawmakers call for Washington, D.C. statehood following U.S. Capitol attack

Lawmakers call for Washington, D.C. statehood following U.S. Capitol attack

Lawmakers are renewing calls for D.C. statehood following last week's attack on the U.S. Capitol. Under federal law, U.S. presidents have control over the D.C. National Guard and D.C. police department. The district's congresswoman, Eleanor Holmes...

Rep. Brian Mast gives fiery response to smear from CNN's Jake Tapper

Rep. Brian Mast gives fiery response to smear from CNN's Jake Tapper

Wounded veteran, Rep. Brian Mast, R-FL, joins 'Hannity' to discuss CNN's Jake Tapper who questioned his patriotism. #FoxNews #Hannity Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hou...

Virginia governor addresses security efforts in Washington metro area ahead of Inauguration Day.

Virginia governor addresses security efforts in Washington metro area ahead of Inauguration Day.

Members of Virginia's National Guard have been deployed to D.C. ahead of Inauguration Day. Troops are posted around the Capitol and other parts of Washington. Governor Ralph Northam deployed members at the request of D.C. Mayor Muriel Bowser follo...

1 21

Breaking down President-elect Joe Biden’s pandemic relief plan.

Breaking down President-elect Joe Biden’s pandemic relief plan.

ABC News Political Director Rick Klein, ABC News economic correspondent Deirdre Bolton and infectious disease specialist Dr. John Brownstein analyze Biden’s proposed $1.9 trillion COVID relief plan. ABC News Live Prime, Weekdays at 7EST & 9EST WAT...

Incoming Calif. senator: ‘There has to be accountability, nobody is above the law’

Incoming Calif. senator: ‘There has to be accountability, nobody is above the law’

California Secretary of State Alex Padilla, who will replace Vice President-elect Kamala Harris in the U.S. Senate, said he vows to fight for “what is best for California.” ABC News Live Prime, Weekdays at 7EST & 9EST WATCH the ABC News Live Strea...