Dover.uk.com
If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.

All reported posts will be reviewed by a moderator.
  • The post you are reporting:
     
    Now that`s the way to do it............

    High Court rules that billionaire fraudster should lose three luxury properties

    It is alleged that Kazakh businessman, Mukhtar Ablyazov, embezzled more than $6bn during his time

    as chairman of BTA Bank

    A billionaire fraudster is set to lose three of his luxury properties in Britain's most exclusive postcodes

    after a High Court ruling.

    Kazakh businessman Mukhtar Ablyazov fled the UK on a Europe-bound coach last year after he was

    sentenced to 22 months imprisonment for contempt over failing to declare the full extent of his wealth.

    It is alleged that he embezzled more than $6bn during his time as chairman of BTA Bank between

    2005 and 2009, which he denies. The bank is now pursuing Mr Ablyazov in the High Court over 11

    separate claims in a bid to recover its funds.

    His whereabouts are currently unknown, but should Mr Ablyazov return to the UK he might find himself

    in far less comfortable surroundings than he's accustomed to.

    Receivers KPMG have been given the go ahead to put properties worth a combined £41m up for sale.

Report Post

 
end link